Charitable Donations

Following a few simple tax planning tips can reduce your income tax as well as save you big money when it comes to long-term wealth building. Maxing out your retirement accounts, revisiting some old tax forms and augmenting your investment plan are just a few of the ways you can save thousands each year. more »

Fundraising is one of the most challenging, most exciting, and most rewarding careers a person can choose to enter. It requires incredible determination, a great personality, charisma, charm, and sincerity. It also requires honesty, integrity and a devotion to the cause chosen. To successfully raise money, a person must have all of... more »

Called by some as the "death tax," the estate tax is one of the most controversial single aspects of the U.S. tax code because it falls most heavily on those who have the largest voice in government: the wealthy. The tax is levied on the transfer of property after death, which is what inspired the epithet, though supporters of the tax... more »

Charitable-minded taxpayers can be rewarded for their generosity every year when they file their tax returns. But there are some limitations to what the Internal Revenue Service will allow you to deduct from your income. This article covers those limitations for the 2008 tax year. more »

It's better to give than to receive when it comes to income taxes. Giving money lowers taxable income, thus lowering overall taxes. Despite a few rules, there's really no limit to how much money you can give. The Internal Revenue Service (IRS) taxes gifts over a certain amount per recipient but does not limit the number of recipients.... more »