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Is your favorite nonprofit up-to-date on requirements for the federal income tax charitable deduction? You want to be able to ensure your donation maximize benefits for both you as a donor and the charity. Consider the following considerations and requirements. Save $$$ and help your favorite charities even more I always say, it’s better to […]
Podcasts undoubtedly are a component of the upper echelons of the Interwebs—one of the aspects of digital content that actually help us be more knowledgeable, interesting people. Unlike cute animal videos on Reddit, the time suck that is Twitter scrolling, or the easily enabled spending sprees on Amazon Prime, podcasts open our eyes to stories […]
Save $$$ and help your favorite charities even more. Some say it’s better to give than receive. I say, it’s better to give and receive. You can both give and receive by using the federal income tax charitable deduction. A gift to a qualified charitable organization may entitle you to a charitable contribution deduction against your income […]
I say, it’s better to give and receive. You can both give and receive by using the federal income tax charitable deduction. A gift to a qualified charitable organization may entitle you to a charitable contribution deduction against your income tax if you itemize deductions. Assuming the gifts are deductible, the actual cost of your gift is […]
Brackets? During March Madness, all this talk of brackets reminded me of tax brackets — and the importance of being tax-wise with your charitable giving. A relatively simple, but powerful, tax tool is the federal income tax charitable deduction. Save $$$ and help your favorite charities even more I say, it’s better to give and receive. You […]