“Although the income in a 529 plan is tax deferred and tax-free if used for qualified education purposes, my niece would have been better off if I invested my gifts to her in a taxable account since ...

The tax code is becoming charitable to many more donors thanks to changes in the new tax and spending law.

The One Big Beautiful Bill Act, which was signed into law on July 4 by President Donald Trump, is directly affecting farmers in Central Illinois.