Tag: charitable donations

Q & A and Tips on Accounting, Taxes and Personal Finance.
3 Great Charitable Deduction Ideas

3 Great Charitable Deduction Ideas

Despite what you may have heard from friends or family, you can still claim generous tax benefits for charitable contributions. Here are three prime examples of charitable tax breaks ripe for the picking if you know where to look: 1. Qualified charitable distributions. If you’re age 70½ or older, you can transfer up to $100,000 […]

June 29, 2019 | By More