Two federal laws created during Trump’s first term allowed non-itemizers to deduct monetary donations of up to $300 in 2020 ...
The amount you can deduct can be limited or reduced, too.
For want of a properly completed form 8283 a deduction for non-cash charitable donations is lost and penalties incurred in the Besaw case. Here is a checklist to help avoid this result ...
From researching nonprofits to contributing to a GoFundMe, there are many ways to give your money to worthy causes.
If you regularly make donations to tax-exempt charities and non-profits, you should be aware of upcoming rule changes governing how much of your contributions will be deductible.Some of the changes, ...