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 ...

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 ...

Why is 24/7 Wall St. covering this? You worked hard for your money all your life so keeping the greatest part of it out of ...

Tens of millions of Americans have individual retirement accounts (IRAs). The IRS requires withdrawals from IRAs once people reach a certain age. However, you may be able to make a qualified ...

There have been significant changes over the years in tax laws including the tax deductibility of charitable donations. The One Big Beautiful Bill enacted into law this July has continued to change ...

As the holiday season approaches, so does the season of giving. And while generosity is often its own reward, charitable ...

Spread contributions evenly: Ensure you meet employer matching ... For stock donations, initiate transfers early enough to ...

Charitable giving is often a hallmark of the holiday season. Sixty-seven percent of all charitable contributions came from individuals and families in 2023, to the tune of over $374 billion. According ...

With the passage of OBBBA and the codification of the historically high estate, gift, and generation-tax exemption amounts, pre-existing estate plans may no longer be optimal from an income tax ...

It’s officially the holiday giving season – the busiest time of year for making contributions to your favorite charitable causes. But before you donate this year, know that taking a smart approach to ...