Topics: Charitable Giving
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Medical Expense Deduction
The medical expense deduction lets you write off costs above 7.5% of AGI. Bunching expenses into one tax year helps you clear that threshold.
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Not-for-Profit Accounting Standards: ASU 2016-14 Explained
ASU 2016-14 simplified not-for-profit accounting standards with new net asset classes, liquidity disclosures, and expense reporting rules.
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Donating Real Estate to Charity: Tax Pitfalls to Avoid
Donating real estate to charity can yield major tax benefits, but pitfalls like mortgages, appraisal errors, and related-party sales can cost you. Learn how…
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Tax Filing Deadlines: Key Due Dates You Need to Know
Tax filing deadlines include April 15 for individual returns, quarterly estimated payments, and October extension due dates. See the full schedule here.
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Mileage Tax Deduction: How to Deduct Every Mile You’re
Learn how to claim your mileage tax deduction using the IRS standard mileage rate for business, medical, and charitable driving.
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Charitable Donation Tax Deduction by Gift Type
Learn how charitable donation tax deduction rules differ by gift type: cash, stock, property, and services, and how to maximize your tax savings.
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Gift Tax Return Filing
Find out when you need to file a gift tax return using IRS Form 709, who is required to file, key annual exclusion limits,…
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Donating Stock to Charity: Two Tax Benefits in One
Donating appreciated stock to charity lets you claim a fair market value tax deduction and avoid capital gains tax: two tax benefits from a…
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Charitable Donation Tax Deduction
Learn which charitable donation tax deductions you can claim, from cash gifts to property donations, including IRS rules and limits.
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How to Choose a Charity: 5 Steps to Make Your Donation Count
Learn how to choose a charity that aligns with your values, verify its legitimacy, and ensure your donation dollars make the greatest impact.