6 Must-Dos When You Donate to Charity

By Dana McGuffin | December 1, 2017 | Comments Off on 6 Must-Dos When You Donate to Charity
Taxes and Donating to Charity

Donations are a great way to give to a deserving charity, and they also give back in the form of a tax deduction. Unfortunately, charitable donations are under scrutiny by the IRS, and many donations without adequate documentation are being rejected. Here are six things you need to do to ensure your charitable donation will…

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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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