How to deduct a charitable donation The requirements for a tax-deductible charitable contribution Overlooked tax-deductible charitable contributions Deadlines for charitable donations Tips for ...

These deductions can lower your taxes and are available to taxpayers across various income brackets and situations.

However, your tax break may be limited if you also ... You will need to itemize your deductions if you want to deduct your charitable donations. "Many people find it worth itemizing these ...

The article discusses tax implications for gifting pieces of art to tax-exempt charities, specifically focusing on how donors ...

Acronyms like CRT, CRAT, CRUT and NICRUT could have many clients' heads spinning. Here's a guide to the key pros and cons for ...

The potential cap, which would limit how much philanthropic donors can deduct from their state taxes, adds to a climate of ...

Gov. Wes Moore’s office says taxing charity donations mostly impacts extremely wealthy Marylanders. But nonprofit leaders worry the governor’s proposal will hit them where it hurts.

When a client’s family does not wish to inherit a collection or if its inclusion in the estate would create a significant tax burden, it is crucial ...

With the April 15 deadline right around the corner, you want to ensure you're taking advantage of all the deductions you can.