Make the most of your good intentions by understanding the ins and outs of charitable giving. A good starting point is ...
CPA personal financial planners’ ability to discern the story inherent in a client’s tax returns brings unique value to the ...
Property tax rates continue to rise in Texas, but some homeowners may be paying more than they have to in property taxes.
In its list of “dirty dozen ... tax return if they itemize deductions, but charitable donations only count if they go to a qualified tax-exempt organization recognized by the IRS,” the ...
Some donations to 501(c)(3) organizations ... in a move called a qualified charitable distribution, or QCD. Though the mechanics are slightly different from the charitable tax deduction, you ...
While these CRTs might introduce complexity into the estate and tax ... of their qualified retirement plan benefits in a more income-tax advantageous way for their loved ones and charities.
Taxpayers should avoid giving money or goods to charities that are not qualified tax ... can be found on the IRS website. The last common scam the IRS included on its list targets tax ...
where they can grow tax-free until you recommend a grant to the IRS-qualified charity or charities of your choice. You take a tax deduction in the year you contribute to the donor-advised fund ...