A CRUT works by distributing a fixed percentage of the trust's value to beneficiaries annually, which can vary based on the ...

Charitable donations or contributions are potentially a tax-saving opportunity. Not only does the charity benefit, but taxpayers enjoy tax savings by deducting part or all of their contributions ...

Taxpayers should give consideration to the form in which they make charitable donations. They might deliver more benefits to ...

These contributions are often more flexible than government ... Healey does not believe capping the charitable deduction would significantly reduce giving. "I don't think it's going to change people's ...

Petitioners could not claim charitable contribution deductions carried over to tax years 2016 and 2017 resulting from the gross misstatement of the value of commercial property donated to a charity ...

As nonprofits across Massachusetts face uncertainty over the future of federal funding, some are also expressing concern over ...

On the top right of an Eversource utility bill, there is a breakdown of the bill, including a Public Benefits charge which is ...

When it comes to donating stocks, the key to maximizing the tax advantages comes down to whether or not your investment is ...

The author states "Taxpayers are always responsible for the accuracy of information reported on their tax returns. The IRS ...

When discussing what your clients might donate to charity, consider appreciated non-cash assets. Your client can always ...

Find out if you can claim pets on tax returns, which pet-related expenses may qualify for deductions and what the IRS allows.