The new 2025 tax bill signed by President Trump includes a federal deduction for overtime pay. Learn who qualifies, how much ...

Just in time for Giving Tuesday, there's some good news for charities. The tax deduction for charitable giving is undergoing some changes next year thanks to the One Big Beautiful Bill Act, with a new ...

An above-the-line deduction for charitable giving is in available for non-itemizers in the 2026 tax year and beyond. Money; Getty Images In a major change to the tax code, cash donations to charity ...

A new bill in Congress would allow all American taxpayers to take the charitable deduction, regardless of whether they itemize their deductions. Unlike a similar measure put forth last year, it would ...

As teachers spend more of their own money on classroom supplies, the One Big Beautiful Bill Act is removing the limits on itemized tax deductions for K-12 educators. Processing Content But that new ...