The IRS has released to the public the vast majority of the code used to develop its Direct File program, theoretically ...

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

Vikki Velasquez is a researcher and writer who has managed, coordinated, and directed various community and nonprofit organizations ... year depreciation deduction. It is a tax incentive that ...

As a small business owner, you may be able to reduce the tax owed on profits by taking a charitable contribution deduction for donations you make to non-profit organizations. For consulting ...

For example, if a donor bought a $150 ticket and received a meal valued at $30, the nonprofit must state this on the receipt. Generally the difference between the gift and the value is tax ...

Faced with a projected $16 billion deficit over the next four years, Washington Governor Bob Ferguson formally signed into ...

The idea is planted in the sprawling tax cuts package House Republicans passed early Thursday. In a surprise move, the Senate voted this week to unanimously approve the idea.

Nonpartisan nonprofit the Tax Foundation categorizes the standard deduction for seniors as a bad thing, saying it "(violates) basic tax principles of treating taxpayers equally." On the other end of ...

Carlo Versano is a Newsweek politics editor based in New York. He has in-depth knowledge and experience covering a range of topics and stories over a 20-year career in the news business. Carlo ...

Enacted via the Tax Cuts and Jobs Act, or TCJA, of 2017, there's currently a $10,000 limit on the SALT deduction, and raising that cap has been a priority for certain House lawmakers in high-tax ...