Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

Are political donations tax deductible? Find out what the IRS allows, plus where state-level exceptions may apply. Read on ...

The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

As tax time rolls around, many states are encouraging people to donate in their state income tax returns to help non-game ...

Individuals who choose to itemize their deductions on their tax returns can deduct charitable contributions of money or property. This means that those who opt for the standard deduction cannot deduct ...

A corporation’s annual charitable contribution deduction cannot exceed 10% of the corporation’s taxable income Sec. 170 (b) (2) (A)), computed without regard to the following (Sec. 170 (b) (2) (D)): ...

DAFgiving360 reported donors gave a record $9.9 billion to charities in 2025, up 28% from the prior year.

A federal tax credit is expected to boost school donations. Public school foundations can obtain the funds to help Illinois students.