The IRS has implemented stricter charitable deduction rules under the One Big Beautiful Bill Act, introducing new floors and caps for individuals and corporations. High-income taxpayers now face ...
The IRS has outlined 2026 adjustments that tighten charitable deduction rules for high earners and raise contribution limits ...
It’s not clear what legal rights charitable givers to donor-advised funds have.
On January 23, 2026, the Internal Revenue Service (the “IRS”) publicly released Field Attorney Advice 20260401F (the “FAA”) 1, in which the Office of Chief Counsel rejected a promoted "charitable LLC" ...
Taxpayers who donate to the causes that are close to their hearts have a new reason to celebrate — and to give: The massive new tax law includes a valuable new tax deduction for qualified charitable ...
The Treasury Department said the IRS will be revising the Form 990 to uncover fraud and hidden sources of funding at ...
The Internal Revenue Service has issued identical temporary and proposed rules to guide charitable hospital organizations that must pay an excise tax because they didn’t meet community health needs ...