Tax deductions

Donor-advised funds are continuing to grow while enjoying substantial tax deductions -- even as many contributions go to other DAFs.

A sizable increase to the current $10,000 limit on SALT write-offs would represent a major victory for a crucial group of swing-district House Republicans.

Uncertainty around sunsetting provisions should have professional athletes planning ahead on their taxes.

The agency will begin three to four dozen new audits this spring to see if inappropriate deductions were made.

The new deduction rates apply to electric and hybrid vehicles, as well.

The regulations address new subsections of the law from the SECURE 2.0 Act.

The ultra-wealthy are using DAFs and private foundations to avoid taxes and exert influence, at the expense of ordinary taxpayers.

The service announced its annual inflation adjustments, including increases in the standard deduction and changes in tax brackets.

Four forms in particular contain insights to a client's financial life and how to serve them better. We explain them here.

Once primarily an issue for Democrats, GOP gains in New York have made the deduction an issue for them, too.