
Charitable Tax Deduction Peculiarities
2021 Tax Laws, 2022 Taxes, Charity
Charitable Tax Deduction Peculiarities
Charitable contributions are deducted as part of a taxpayer’s itemized deductions on IRS Schedule A, except for the special 2020 and 2021 provisions that allow up to $300 ($600 for married taxpayers…

Tax Tips for Holiday Charity Donations
Charity, Tax TipsArticle Highlights:
Long-Form Itemization Required
Below-the-Line Cash Contributions for 2021
Qualified Charities Only
Cash Donations
Non-cash Donations
Leave Donations
Other Qualifying Donations
AGI Limitations
…

Friends of the Children Donation
Charity, Community InvolvementIsler Northwest is proud to support Friends of the Children with a donation of toys and gifts this holiday season!
About Friends of the Children
In 1993, Friends of the Children opened its doors with three friends serving 24 children.…

Year-End Tips for Charitable Contributions
Charity, Deductions, Tax PlanningAs the end of the year and the holiday season approach, we will all see an uptick in the number of charitable solicitations arriving in our mailboxes and by email. Since some charities sell their contributor lists to other charities, frequent…

Donor Advised Funds Provide Tax Benefits
Charity, Gift Tax, Non-Profits, Tax Planning, Tax TipsIf you would like to make a substantial tax-deductible charitable donation this year, but have the ability to spread the actual distribution of funds to specific charities over a number of years, a donor-advised fund (DAF) may fill that need.…

Legitimate Tax-Deductible Charity or Scam?
CharityWith the holiday season approaching, and with the great need for aid in the wake of the recent hurricanes and wildfires, you no doubt are being solicited for donations. However, do not be fooled by the scammers who come out from hiding whenever…

Year-end tax tips for charitable giving this holiday season
Accounting, Charity, Community Involvement, Finance Tips, Tax Tips, TaxesArticle by Jeff Brown | Featured on CNBC.com
For most people, giving to charity is simply a matter of goodwill and generosity. But there are tax benefits, and they can be significant. Knowing how to get a tax deduction can allow you to give…

Precision Wealth Transfer With A CLAT
Charity, Finance Tips, Tax TipsBoston Consulting Group senior partner Ron L. Nicol approaches financial decisions with the thoroughness and precision demanded of the nuclear submarine officer he was for seven years after graduating from the Naval Academy. So believe him…