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Standard deduction vs. itemized: How to decide which tax filing approach is right
Yahoo Personal Finance· 5 months agoLike many taxpayers, you might struggle with this choice every tax season: take the standard...
6 things to check off your tax to-do list before 2022 ends
Fortune via Yahoo Finance· 1 year agoMany people avoid thinking about taxes until the April deadline rolls around each year. But by then...
Are Church Donations Tax-Deductible?
SmartAsset via Yahoo Finance· 1 year agoGiving money to a good cause can lift our spirits, but can it also lift our tax burden? What about if we're not donating to a charity, but to a church?...
Donor-Advised Funds vs. Private Foundations: Which Is Best For Giving to Charity?
SmartAsset via Yahoo Finance· 2 years agoDonor-advised funds and private foundations offer two ways to financially support causes while...
Is it better to itemize or take standard deduction? Learn what's better when filing taxes
USA TODAY via Yahoo Finance· 1 year agoWhen it comes to taxes, it’s much easier to take the standard deduction and get your return done quickly. But sometimes a little extra effort to itemize deductions could be worth it to lower ...
What Can I Do to Avoid Taxes on a Big Cash Windfall?
SmartAsset via Yahoo Finance· 1 year agoA financial windfall is something to celebrate. But if you don't play your cards right, the government will expect a major portion of the cash. The good...
Ask an Advisor: Help Me Understand the Math. How Does Donating to Charity Reduce My Taxes?
SmartAsset via Yahoo Finance· 6 months agoIf I give $50,000 in cash to a charity, does that lower my taxable adjusted gross income (AGI) by...
I'm Retiring. What Do I Need to Know About Qualified Charitable Distribution (QCD) Rules?
SmartAsset via AOL· 2 months agoAn individual retirement account owner aged 70 ½ or more may be able to withdraw money from the...
This Savvy Strategy Can Shave Over $1K Off Your Tax Bill
SmartAsset via Yahoo Finance· 2 years agoOne way for taxpayers to save money on their tax bill is via a strategy called "bunching...
I'm Not Sure How Giving to Charity Can Reduce My Taxes. Is It Really Worth It?
SmartAsset via Yahoo Finance· 2 months agoDonating money to charities you care about feels good. It can also lower your tax bill by reducing...