When you contribute cash, securities, or other assets to a donor-advised fund at a public charity, like Fidelity Charitable, you are generally eligible to take...
63 months ago

Individuals, including married individuals filing separate returns, who take the standard deduction can claim a deduction of up to $300 on their 2021 federal...
33 months ago

Charitable contributions are generally tax-deductible if you itemize. The amount you can deduct may range from 20% to 60% of your adjusted...
5 months ago

Key findings from Giving USA 2024: The Annual Report on Philanthropy for the Year 2023, released today, report that individuals, bequests,...
3 months ago

Yes. Charitable contributions to qualified organizations may be deductible if you itemize deductions on Schedule A (Form 1040), Itemized Deductions.
10 months ago

The Guide discusses the risks associated with charitable donations and sponsorship operations and provides recommendations on how to prevent such risks.
4 months ago

Non-cash donations of $5,000 or more. You can take the charity donation tax deduction for your non-cash single charitable donation for one item or a group of...
84 months ago

Many charitable donation scams come from criminals trying to capitalize on a current economic downturn, environmental crisis, or geopolitical turmoil.
9 months ago

The holiday season is here—and for some, presents aren't the only gifts. Charitable nonprofits are wrapping up 2023 with an influx of...
9 months ago

There are various planning opportunities for nonstandard donations and potentially unintended consequences if the donation is not made...
58 months ago