To qualify for the full deduction, your taxable income can’t be more than $100,000 if you’re a single filer or $200,000 if ...

A charitable donation tax deduction can help you lower your tax bill while simultaneously supporting a worthwhile cause. Tax-deductible charitable contributions include goods, cash, and property ...

Saying that some donors who give automobiles to charity are taking deductions from their income taxes for far more than the true value of their gifts, the U.S. Department of the Treasury has asked ...

The “No Tax on Car Loan Interest” provision allows anyone who’s purchased a car from 2025 on to deduct the interest paid on the loan when they file their taxes. There are a few stipulations before you ...

Add Yahoo as a preferred source to see more of our stories on Google. Choosing to buy a new car over a used one can help cut down on the maintenance costs that often accompany previously-owned ...

You may be able to turn it into a gift of support for WTIP. Vehicle donation is a great way to dispose of a car or truck you no longer need and support community radio at the same time. And because ...

Since the 2017 tax reform, fewer donors are able to claim deductions for their gifts. But with the right strategies, you may be able to turn your generosity into tax savings this year—before new ...

Many taxpayers will itemize deductions again on their 2025 federal tax return due to changes affecting the SALT deduction (State and Local Tax deduction). In this clip, we explain why ...

If you're concerned about taxes, you probably want to skip that year-end cash donation. Tax laws are changing, and timing is everything this year to maximize your gifts. Itemizers should hit ...

The standard deduction is bigger than ever, itemizing rules have changed, and new deductions complicate matters. Here’s how ...

CINCINNATI (WKRC) - As tax season approaches, several changes to the federal tax code could affect refunds, deductions, and how taxpayers pay the Internal Revenue Service, according to tax experts.