charitable giving Tag

(authored by RSM US LLP) This article discusses estate planning and tax considerations after the sale of a business interest or other liquidity event, including common strategies to reduce estate...

Authored by Haynie & Company Partner Bernard Abercrombie, CPA During this busy tax season, we see several items presented to us by clients that require us to explain how something needs to...

Authored by Haynie & Company Partner Bernard Abercrombie, CPA As we approach the end of the year, my clients are asking what tax benefits still exist for charitable giving in 2022....

View Charitable Giving Tax Planning Guide Giving to charity can provide not only large income tax deductions to help you do well financially but also the satisfaction of doing good. Well-planned...

In most cases, charitable gifts are deducted by taxpayers who itemize. Those donations are claimed on Schedule A of their annual tax return. However, this year, the Coronavirus Aid, Relief...

Ever since 2006, individuals age 70½ or older have been able to transfer up to $100,000 annually from their IRAs to qualified charities. These transfers are referred to as qualified...