Your fact-checks will appear here
Changes to tax rules starting in 2026, including itemized deductions and charitable contributions.
Federal law did not create an above‑the‑line charitable deduction that applies in the 2025 tax year; the One Big Beautiful Bill Act (OBBBA) reinstates a limited above‑the‑line deduction for non‑itemiz...
The One Big Beautiful Bill Act (OBBBA) permanently raises and indexes the federal estate, gift, and generation‑skipping transfer (GST) tax exemptions to $15 million per individual (effectively $30 mil...
Large cash gifts to public charities such as are generally deductible up to 60% of the donor’s adjusted gross income (AGI), with gifts of appreciated securities limited to 30% of AGI, and excess amoun...