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 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 ...

Amazon.com Inc. plans to cut up to 30,000 corporate positions starting on Tuesday, according to reports, a move that comes as the online retailer tries to trim costs amid a massive ...

2025 has been a challenging year for the nonprofit sector. Federal support has been broadly reduced, and organizations providing certain types of services have been targeted for even greater cuts.

This year, Missouri became the first state in the country to tax income, but not capital gains. That could present a challenge as the state prepares to face a budget shortfall. Missouri is the first ...

United Parcel Service posted third-quarter results that handily beat Wall Street's expectations and gave details about its turnaround efforts, including approximately 48,000 job cuts.File video above: ...

“What we need to remember is that the world is changing quickly." Amazon has announced that it will cut an estimated 14,000 jobs from its corporate workforce as it focuses on “reducing bureaucracy, ...