Charitable

Congress changed three charitable-deduction rules this year. The most common way people give money to charities these days is now also probably the most expensive way.

An above-the-line deduction for charitable giving is expected to generate an estimated $74 billion for nonprofits over a decade.

With the IRS announcing this week the start of the 2025 tax filing season, entrepreneurs and small businesses are turning attention to all the tax information and documentation they need…