Posts tagged as:

charity

Taxes, Donations and Lending a Hand

21 December 2009

In the tradition of tax years past, it’s the season to talk about charitable contributions!
Charitable donations are an excellent way to reduce your tax burden for the year, all while doing something for the greater good. But as with everything in tax law, there are rules that need to be followed.
For one, [...]

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Ask the taxgirl: Volunteering and Charitable Deductions

16 August 2009

Taxpayer asks:
My wife is a Girl Scouts Leader. Is all of her time and contributions to the troop tax deductible? If so, how?
Taxgirl says:
Okay, the bad news first: the value of your time spent volunteering for charitable organizations is never deductible. Ever.
But there is good news! Out of pocket expenses relating to [...]

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12 Days of Charitable Giving

22 November 2008

The end of the year is almost upon us and you know what that means: it’s your last chance to make your tax deductible charitable gift! Yeah, we tax people tend to think about the end of the year in slightly different ways…
This is a tough year for a lot of folks. [...]

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Not Such a Gay Ol’ Time in California

9 October 2008

When all else fails, hit ‘em in the pocketbook…
This week, supporters of Proposition 8, which would ban gay marriage in California, released an ad, pictured above. The ad claims that under current law, gay marriage would be promoted in public schools and warned that churches which opposed same-sex unions would lose their tax exempt [...]

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IRS Car Charity Rules Drives Donations Down

14 July 2008

Image details: Junk car served by picapp.com
I’m sure that you’ve seen a number of signs and ads that encourage you to donate your vehicle to charity. In our area, they’re plastered all over the place… Do they actually work?
Not so much anymore. In 2004, Congress changed the rules regarding car donations for [...]

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