Donations

Summertime IRS tax tips

Summertime IRS tax tips

Buying a home? Working a summer job? Volunteering? Activities that are common in the summer often qualify for tax credits or deductions. And, while summertime and part-time workers may not earn enough to owe federal income tax, they should remember to file a return to get a refund for taxes withheld early next year. Here are some summertime tax tips from the IRS that can help taxpayers during tax season next year.

How To Minimize Taxes Under The Trump Tax Law Using Donor-Advised Funds

How To Minimize Taxes Under The Trump Tax Law Using Donor-Advised Funds

In prior years, you may have enjoyed a charitable tax deduction along with other itemized deductions, but under the new tax law, with a giant increase in the standard deduction, it will be much harder for most people to realize that same tax benefit. However, a donor-advised fund may be the tool you need to continue to maintain your charitable giving while also maximizing your tax savings.

Why Warren Buffett Just Donated $3.4 Billion

 Why Warren Buffett Just Donated $3.4 Billion

Warren Buffett is no stranger to wealth creation. He's also no stranger to wealth donation. Here's why Warren Buffett just donated $3.4 billion and how his philanthropy is shaping the world.