The introduction of a new tax deduction for charitable donations marks a significant shift in U.S. tax policy, offering a fresh incentive for taxpayers who typically choose the standard deduction.

Taxpayers who donate to the causes that are close to their hearts have a new reason to celebrate — and to give: The massive new tax law includes a valuable new tax deduction for qualified charitable ...

Plus: Proposed regulations for “no tax on tips,” new tax forms, Roth catch-up contributions, charitable donation deductions, ...

If you’re retired and filing taxes, these tax credits and deductions could provide thousands in relief (if you qualify).