Looking to minimize your tax burden this year? Donating to non-profit causes can be a great way to give back. Not only will you be improving lives, but you may also receive valuable tax benefits. Many charitable organizations are accessible, so finding one that matches your values is easy. Initially, make sure the organization you choose is a reg… Read More

Nor do income contributions to non-public foundations and most dollars contributions to charitable remainder trusts If you receive a donation, it might be matter towards the federal gift tax, but you won't really have to pay that tax. The donor pays the gift tax, not the recipient on the gift. Understand that gifts to political corporations and qu… Read More