Donating property to charity can be a great way to support an organization you care about while potentially reducing your tax bill. But when the value of a noncash donation starts getting larger, the IRS rules become considerably more complicated.

The rules for business meals changed again in 2026. Client meals may still qualify for a 50 percent deduction, but many employer provided meals and office snacks are no longer deductible.

Your tax refund will no longer arrive by paper check. The IRS recently announced that it will stop issuing refund checks, with limited exceptions, and will require taxpayers to receive refunds electronically.

After four years of work, the IRS has finalized its cryptocurrency regulations, and crypto tax reporting now begins. Starting with the 2025 tax year, custodial crypto platforms must report taxable crypto transactions directly to the IRS.