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

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

Charitable contributions and sponsorships should be documented in written agreements that contain provisions restricting the use of funds and requiring anti-...
4 months ago

Tips to Avoid Scams · Don't assume a request is legitimate because a friend posted it. · Beware of deceptive sales tactics. · Never click on a link or...
9 months ago

For cash contributions of $250 or more, you must obtain a written acknowledgment from the charity that includes the amount of the donation and a statement that...
10 months ago

Researchers from the Cornell SC Johnson College of Business found that for some charitable donors, the extra incentive of a gift is an important lever for...
6 months ago

Do tax policies really matter for charitable giving? The short answer is yes. As most taxpayers know, the U.S. tax code creates incentives for some donors...
2 months ago

Right now, charitable donations could be more effective. Companies sometimes match donations to charity. What if the government did too?
5 months ago

So-called point-of-sale donations have sharply increased in recent years, bringing in hundreds of millions a year. But the requests to "round up" your bill...
7 months ago

Tax deductions aren't the primary reason most people make charitable donations, but they're still a factor. Here's how to be strategic with your giving.
7 months ago