For most people, taxes in 2026 won’t look radically different from what they’ve seen since 2018. When Congress passed the One ...

There’s a tax-smart way to give to charity if you’re 70 ½ or older — one that reduces your taxable income while supporting ...

Beginning in 2026, tax filers who claim the standard deduction may be allowed to take a new above-the-line deduction for cash contributions to qualifying charities. You will not need to itemize ...

The One Big Beautiful Bill Act is big news for estate planners, an estate planning attorney said during a recent webinar.

The new legislation caps the tax benefits of itemized charitable deductions at 35%, even for those in the 37% marginal tax ...

The village of Kwigillingok, Alaska is seen in October. The area was hit by the remnants of Typhoon Halong earlier in the month, which caused major damage to homes and displaced most of the residents.

Earlier this week—while calling the moment “unprecedented”—Daniel Schulman said AI models are improving every two months and predicted human-level intelligence will emerge sooner than most expect.

While the longest government shutdown in U.S. history ended Wednesday night, Congress’ failure to extend subsidies for the Affordable Care Act (ACA), coupled with impending changes to Medicaid ...

I recently received a letter from the New York State tax department. Under most situations that’s never a good thing. But this time I was surprised to find a check for $400. The attached letter stated ...

The new tax law erects high hurdles for wealthy donors and corporations because giving must surpass a certain floor before they can take a deduction. Fundraisers report that donors are paying off ...

The Treasury Department and Internal Revenue Service are issuing rules that provide hundreds of billions of dollars in tax relief to big companies and the ultrarich. By Jesse Drucker Jesse Drucker has ...