From summer camps to smart home devices, here are four categories of expenses to consider adding to your list.

When it comes to donating stocks, the key to maximizing the tax advantages comes down to whether or not your investment is ...

Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

Maura Healey that they fear could further strain their budgets. The proposal would cap the state’s tax deduction for ...

Think about the nonprofit organizations that have made a difference in your life or the lives of those in your community.

avoid capital gains taxes and still claim a tax deduction for the full value of the donation. Plus, charities can sell the stock tax-free, making your gift go even further. When it comes to ...

If you itemize your tax return using Schedule A, you may be able to deduct certain charitable contributions. A tax deduction lowers your taxable income, meaning you’ll ultimately owe less to the ...

As nonprofits across Massachusetts face uncertainty over the future of federal funding, some are also expressing concern over ...

The Tax Cuts and Jobs Act of 2017 nearly doubled ... have the freedom to support the nonprofits of their choice and deduct the donation from their federal taxes. A charitable deduction for the ...

Treasury says the proposed deduction for charitable food donations could lead to companies pocketing millions for donations already being made.

Maura Healey that they fear could further strain their budgets. The proposal would cap the state’s tax deduction for ...