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The changes to tax laws in 2026, including new rules for charitable deductions and non-itemizers.
The headline tax-law shifts that matter for charitable giving stem from the One Big Beautiful Bill Act (OBBBA): it creates an above‑the‑line charitable deduction for many non‑itemizers beginning in ta...
The largely preserves traditional AGI‑based caps on charitable deductions (notably the permanent 60% limit for cash gifts to public charities) while making 2025 a strategic year to accelerate giving a...
The long‑term capital gains and qualified dividend tax rates for the 2025 tax year are tiered at 0%, 15% and 20%; the taxable‑income cutoffs that determine which rate applies depend on filing status a...
Tax law lets taxpayers deduct gambling losses only if they itemize and keep contemporaneous, supporting records; the IRS explicitly requires an “accurate diary or similar record” plus receipts, ticket...
There are no statistics in the provided reporting that measure how many U.S. workers changed their federal withholding status to “exempt” in 2025 in reaction to government actions; the corpus describe...