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New tax rules will determine the deductibility of donations in 2026 for better or worse, which means taxpayers may want to rethink the timing and amount of their donations for 2025 and beyond.
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This article provides an overview of some key provisions in the new tax law, commonly called the One Big Beautiful Bill Act.
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A new tiered tax rate on the endowments of wealthy colleges and universities could affect spending on financial aid, research, and other college programs.
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Closed-end funds are considered to carry higher risk but may provide a higher income stream than traditional mutual funds holding similar securities.