Don’t Let Disaster Befall Your Favorite Non Profit

By Dana McGuffin | July 4, 2019 | Comments Off on Don’t Let Disaster Befall Your Favorite Non Profit

The filing deadline for most non-profit organizations is May 15. Missing this deadline results in penalties that can devastate the organization’s budget, or worse, strip them of their non-profit status and make your donations non-tax deductible! Here’s what you can do to help them: Check the charitable status online. The IRS has a master list…

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Business Charitable Deductions Require A Little Tax Wisdom

By Dana McGuffin | October 21, 2016 | Comments Off on Business Charitable Deductions Require A Little Tax Wisdom

Aristotle famously lamented that giving away money is easy, but giving it away wisely is another matter. For business owners, smart giving begins with an understanding of a few tax rules. Your business form. The tax implications of giving to charity from your business depend on your form of entity. A regular C corporation can…

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