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Charitable Deductions

    Charitable Deductions Editor's Picks

    • How Do Charitable Tax Deductions Work?

      The United States tax code is not known for its simplicity and ease of use, but with a little planning and good record-keeping, it shouldn't be too difficult to claim tax deductions for charitable donations. And, though most are unaware, charitable donations are not limited to cash -- stock, services, household items, even mileage... more »

    • IRS Rules for Car Donation

      Donating old cars and other vehicles to charitable and non-profit organizations is a popular way of giving and it is accepted as tax deductible by the Internal Revenue Service (IRS). There are hundreds of national, state and local organizations like the National Kidney Foundation and the Glaucoma Research Fund that rely on car... more »

    • About Charitable Contributions

      The primary reason why a person makes a gift to a charity is the satisfaction he enjoys from assisting a cause in which he strongly believes. The added benefit is that, within certain restrictions, a person can reduce his taxes by claiming a deduction for a charitable gift on his tax returns. more »

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