In addition to several other changes to tax law, the One Big Beautiful Bill Act of 2025 (OBBBA) creates new ways to handle ...

Donating to charity isn’t just an act of kindness — it’s one of the few ways to control how much you, actively, send to the IRS. If you make the right donation at the right time, you can reduce your ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. With new tax laws, come fresh opportunities—and plenty of ...

LOS ANGELES, CALIFORNIA - NOVEMBER 27: US Senator Alex Padilla volunteers at Project Angel Food for Thanksgiving at Project Angel Food on November 27, 2024 in Los Angeles, California. (Photo by ...

Offer stability: You can create peace of mind by reinvesting the funds in low-volatility or income-generating investments.

If you're retired and planning a year-end charitable gift, you can maximize your tax break with a qualified charitable distribution, or QCD. The strategy is a direct transfer from an individual ...

Q. In a recent column, you indicated that I could use the qualified charitable distribution (QCD) option at 70 1/2. I am confused. I thought I did not have to take required minimum distributions (RMDs ...

As the 2024 tax year comes to a close, owners of individual retirement accounts (IRAs) might consider combining the tax benefits of charitable giving with a qualified charitable distribution (QCD) ...

As year-end approaches, you may be eyeing a donation to charity — and certain gifting strategies can boost your tax break, experts say. In 2023, U.S. charitable giving hit $557.16 billion, up roughly ...

You can use charitable donations to get out of RMDs -- if you do things the right way. The $23,760 Social Security bonus most ...

Q. Hi Dan. In your answer to Hank in your column about how to make charitable donations from an IRA, you said donating that was “… better than paying yourself the RMD and then cutting personal checks ...

’Tis the season for charitable giving—and for seniors, in particular, to make sure they get the best tax breaks for their donations. Hint: If you’re writing checks for cash to charities, you’re ...