How To Maximize The Tax Benefits Of Your Charitable Giving In 2025

Thanks to the TCJA, fewer donors are able to claim tax deductions. But you may be able to turn your generosity into tax ...
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$10,000 auto deduction excludes used cars under new law

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduces a significant change in tax deductions for auto loans. This law, specifically under Section 70203, offers a ...

Giving back this season? 5 of the best charitable giving and donation platforms

There are enough reliable charitable platforms out there that you can find one for any of your donating interests or needs.
CBS News

Some car buyers will get a tax break this year from the "big, beautiful bill." Here's how it works.

Millions of car buyers in the U.S. could soon get some tax relief thanks to a provision in the so-called "big, beautiful bill" that was signed into law on July 4 by President Trump. The idea of giving ...
The Times of Northwest Indiana

How can I donate my car to charity?

A. Many major charities accept donations of used cars, but there are some pitfalls to be aware of. First, be wary of middle men who take the cars, then sell them at auction and give part of the ...
CNN

Here’s who will — and won’t — qualify for the new car loan interest deduction

President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, the contours of which Americans are still digesting. One of them is the new ...