It’s a wrap! Thanks to everyone who submitted charities for my 12 Days Of Charitable Giving 2018. If you submitted your favorite charity this year and you don’t see it on the list, please try again next year. Here’s the complete list for 2018: The Women’s Tax Resolution Center, Inc. America’s VetDogs First Book The…
It’s the eleventh day of our 12 Days of Charitable Giving! In December, I’ll be focusing on twelve charitable organizations which my readers have nominated as most deserving of your charitable donation. You have a couple more days to squeeze in you charitable deduction for tax purposes in 2014 – so why not consider one…
It’s the fifth day of our 12 Days of Charitable Giving! In December, I’ll be focusing on twelve charitable organizations which my readers have nominated as most deserving of your charitable donation. You have a couple more weeks to squeeze in you charitable deduction for tax purposes in 2014 – so why not consider one…
There are, as of this writing, 12 days until the end of the taxable year. That means that you have 12 days to squeeze in most of your remaining tax deductions for 2014 (there are a few exceptions like those for IRA contributions). One of the easiest ways to get a deduction, assuming you itemize,…
On July 25, 15-year-old Keiearra Williams, 10-year-old Joseph Reed, and 7-year-old Terrence Moore were selling fruit for a church fundraiser in Philadelphia when they were mowed down by a sport utility vehicle. Joseph died at the scene; Terrence and Keiearra were pronounced dead at the hospital. Cornelius Crawford was at the wheel of the vehicle,…
Get a receipt and 9 other tips for donors who don’t want to tangle with the IRS.
It’s Back To School Week on the blog! All week long, I’ll be answering your questions about school and tax – complete with fun giveaways. Next up: tips on claiming charitable deductions for donating school supplies, backpacks and more.
With so many changes looming for 2013, it’s easy to forget that there were some significant tweaks to the Tax Code for 2012. Here’s a list of eleven changes to keep in mind before you file your 2012 tax return, due April 15, 2013: 1. Payroll tax credit will still affect self-employed taxpayers. The expiration…
Over the span of three years (1967-1970), a civil war raged in Nigeria. When it was over, nearly three million people were dead, and many more were suffering from the effects of hunger and poor sanitation. In response to the crisis – and the 1970 Bhola cyclone, which killed at least 625,000 in Bangladesh –…
Today, the Internal Revenue Service announced that approximately 275,000 formerly tax-exempt organizations have lost their charitable status as a result of failing to file the proper forms. Loss of tax-exempt status can spell disaster for some organizations: not only does it mean that the organization must file income tax returns and pay tax but perhaps…