Few people enjoy receiving telemarketing calls. No matter what is being offered, they can interrupt and become especially annoying if they become frequent.
As we wrap our presents this holiday season and provide gifts to family members and other loved ones, we also are mindful of another type of giving -- the continuing support of charitable organizations.
As we wrap our presents this holiday season and provide gifts to family members and other loved ones, we also are mindful of another type of giving -- the continuing support of charitable organizations.
While the spirit of giving is inspiring many of us to contribute, especially in these trying times, donors as well as charities should also watch out for potential pitfalls and holiday hustles that can take advantage of heartfelt generosity.
The 2019 edition of the Internal Revenue Service Data Book, which is an annual publication of statistics about returns filed, contains a table which shows the number of tax-exempt organizations.
Recently, the U.S. Internal Revenue Service sent a reminder notice about tax deductions for charitable contributions made in 2020. Cash donations of up to $300 made this year will be deductible for individuals when they file their taxes in 2021 even if they don’t itemize on their tax returns.