Posts Tagged ‘donation’
Christmas giving and tax deductions
In the case of non-cash charitable gifts you need to be careful not to fall into several tax traps that may limit your deduction.
Read MoreA tax break for Seniors
Sometimes Congress actually gets something right! This happens so rarely that I wanted to write a special blog post on it. Clients who have followed our advice over the years tend to retire with no mortgage debt and few out-of-pocket medical expenses. This leaves their charitable contributions as the main source of itemized deductions to…
Read MoreNo good deed (or charitable donation) goes unpunished
In the case of non-cash charitable gifts you need to be careful not to fall into several tax traps that may limit your deduction.
Read MoreIRS approves April 2015 deduction on your 2014 return:
Donations to slain Police Officer’s families can be backdated to 2014.
Read MoreNo good deed (or charitable donation) goes unpunished
In the case of non-cash charitable gifts you need to be careful not to fall into several tax traps that may limit your deduction.
Read MoreIs there a way to deduct my political donation?
Is there a way to deduct a political donation? The answer may surprise you. More than most tax questions, the answer to this one really is – “It depends.” It depends upon whether the donation was given to: a social welfare group, a trade association, a PAC, a so-called Super PAC, or…
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