Illustration of charitable donation records — receipts, heart icon, and a laptop with a tax form outline on a wooden desk
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Charitable Donation Records 2026: IRS Rules to Know

BySW Accounting admin

What records do I actually need to deduct my charitable donations? The IRS requires charitable donation records for every gift you claim — a bank record or written communication for cash, a written acknowledgment for anything $250 or more, and Form 8283 for larger noncash gifts. And beginning in 2026, non-itemizers can also deduct up…

Illustration of 2026 homeowner tax deductions — the new $40,000 SALT cap on real estate taxes, mortgage interest limits, and non-deductible home costs on IRS Schedule A
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Homeowner Tax Deductions 2026: New $40,000 SALT Cap Guide

BySW Accounting admin

What home expenses can you actually deduct in 2026 — and what’s the new SALT cap? To deduct homeownership expenses you must ITEMIZE. The two main deductible items are (1) state and local real estate taxes — now subject to a $40,000 limit ($20,000 if married filing separately) under the increased SALT deduction cap —…