Giving to a good cause feels great — and if you itemize your taxes, it can also help lower your tax bill. The charitable donation tax deduction lets you write off qualified gifts to nonprofit ...

How recent Federal tax law changes are reshaping charitable giving strategies—and what you should do before year-end ...

Short answer: No. Political donations aren’t tax-deductible under federal law, even if you’re donating to support a candidate, party or ballot issue you strongly believe in. This rule applies to ...

A charitable gift annuity provides lifetime income in exchange for a donation to a nonprofit, with tax benefits for the donor and organization.

If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible.Some of the changes, ...

If you’re thinking of making a donation this year, you aren’t alone. A reported 69% of the U.S. population donates to charity. To encourage giving, the IRS offers tax deductions for any donations made ...

Michiganders who become organ donors now have an opportunity to claim a $10,000 tax credit for giving the gift of life.