I’m in Chicago today for the BlogHer Conference, where I will be speaking about blogging and tax. One topic that I plan to focus on
Read MoreTag: deduction
Fix The Tax Code Friday: Above The Line Deductions
It’s Fix the Tax Code Friday! “Above the line” deductions are deductions that you can take even if you don’t itemize. As such, they aren’t
Read MoreAsk The Taxgirl: Donating My Art
Taxpayer asks: Last year I donated a painting that I created to our local church. I sold a similar painting through a gallery around the
Read MoreAsk The Taxgirl: Charitable Values
Taxpayer asks: I would like some help to finding a web site that could help me find amount that your can use for charitable items
Read MoreGive A Little Bit
In addition to this being the time of the year when 501(c)(3) organizations come calling for charitable contributions of cash, it’s also the season for
Read MoreThe Most Wonderful Time Of The Year
I received four charitable solicitations this week: one from my daughter’s school, one from my college, one from my law school and one from a
Read MoreFix The Tax Code Friday: Charitable Deductions For Non-Itemizers
It’s Fix the Tax Code Friday! Traditionally, charitable deductions have been limited to itemizers (meaning those who opt to take the itemized deduction rather than
Read MoreNoncash Charitable Contributions
For tax year 2003 (the most recent tax year for which data is available), individuals reported noncash donations valued at $36.9 billion. These donations were
Read MoreSaying No To Gas Guzzlers May Put More Money In Your Pocket
In addition to the obvious (gas savings), buying a fuel-efficient car can put more money back into your pocket. Congress has finally gotten its act
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