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IRS Can Deny Charitable Tax Deductions When You Get Something Back
Forbes· 21 hours agoDonations to charity are supposed to be motivated by generosity, not to benefit in a business deal in which you get something in return. How does the IRS determine if a purported ...
Capitol Notebook: New study touts benefits of Iowa tax cuts
Quad-City Times· 2 hours agoA study from a pro-business think tank says Iowa’s state income tax cuts will create an estimated...
Weekly IRS Roundup May 20 – May 24, 2024
The National Law Review· 3 days agoCheck out our summary of significant Internal Revenue Service (IRS) guidance and relevant tax matters for the week of May 20, 2024 – May 24, 2024. May 20...
How to Reduce Taxable Income: 7 Ways
Time Magazine· 7 days agoTake advantage of tax deductions and credits to save thousands. We’ve found the best ways to reduce your taxable income with minimal effort.
4 Things You Need To Know Before Paying Your Tax Bill
AOL· 4 days agoMany Americans dread doing their taxes — especially if they know they will end up owing the IRS. Be...
Charitable Checking Accounts make donating to local organizations simple
Dayton Daily News· 6 days agoCharitable Checking Accounts make donating to local organizations — or any IRS-approved charity...
Tax Breaks: Tax And Financial Literacy Matters
Forbes· 3 days agoThere are a lot of factors to consider, including whether an LLC or an S Corp will enable the creator to benefit from savings on federal income tax...
27 Things Retirees Should Do With Their Money Right Now
GOBankingRates via Yahoo Finance· 3 hours agoRetiring isn't the end of your financial journey. Though you may have called it quits on the...
What is a charitable gift annuity?
Bankrate via AOL· 6 days agoThis can be a major plus for people seeking financial security in retirement. Tax benefits: The partial income tax deduction on your ...
Week in Insights: California ‘Road Charge’ Is Sensible, if Flawed
Bloomberg Law· 2 days agoCalifornia has announced a pilot program that would replace the state gas tax with what amounts to a vehicle miles traveled tax—a promising initiative that ...