The Fidelity Charitable poll confirmed an upward trajectory in giving, while Vanguard Charitable updated a web tool that helps investors target donations toward homelessness and hunger.
Just 1,275 wealthy families paid $9.3 billion in estate tax last year, while as recently as 2018, the IRS collected more than $20 billion from nearly 5,500 families
House Democrats have proposed increasing the cap to $80,000 from $10,000 through the end of the decade.
More than 110 funds are already showing capital gains distributions of more than 20%.
The IRS is also increasing the income ranges for eligibility to make deductible contributions to IRAs.
Sharing custody of an artwork with a museum lets the owner get an income tax deduction.
The pop superstar's plea to end her 13-year conservatorship raises questions around its validity and prompts experts to rethink the whole system.
Three House Democrats say they won't support the tax hikes needed to support the administration's infrastructure proposal unless the plan repeals the cap on state and local tax deductions
The change comes after calls from accountants and congressional leaders to delay the due date as new legislation and pandemic-related work changes disrupt taxpayer plans
Too much money in tax-deferred accounts could undermine clients' plans if taxes rise.
To pay less in taxes, sources of income matter. The president seems to have all the right sources, and plenty of losses to knock out that income
The Democratic presidential nominee would convert retirement savings tax deferrals to tax credits
The Democratic presidential candidate's plans would have little effect on the taxes paid by those earning less than $400,000 a year
The pandemic has encouraged owners of donor-advised funds to put to use some of the charitable dollars they've stockpiled
The 2017 tax law eliminated the federal write-offs previously allowed for unreimbursed business expenses and home offices