Every parent hopes their children will someday attend college and change the world. The reality is that not every child can ...

The only option open to taxpayers at all income levels is a traditional nondeductible IRA, but this subjects investors to two big drawbacks: required minimum distributions (RMDs) and ordinary income ...

DAFs and private foundations go about helping charities (and those who donate) in different ways. Each comes with its own ...

With this year's tax filing deadline quickly approaching, it's important for self-employed individuals to get a clear sense ...

From the column: "(There are) 1,120 nonprofits in Duluth. … While many of these groups undoubtedly do good work, others may ...

“There are two valuable credits that the IRS reports one out of five people miss every year. The Earned Income Tax Credit is ...

One of the signature pieces of legislation from Donald Trump's first term was the 2017 Tax Cuts and Jobs Act, which ...

NEXT explains that if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 ...

The Virginia Beach Heroes Act would ensure cash contributions do not fail to qualify as charitable contributions and maintain ...

The deadline to file your taxes is less than a month away, and if you’re doing them for the first time, you might be feeling ...

Make the most of your good intentions by understanding the ins and outs of charitable giving. A good starting point is ...