EdwardWLong.com

Let’s all do good well

Taxes

Mileage rates for 2024

The Internal Revenue Service has issued the 2024 optional standard mileage rates. They're used to calculate the...

Mileage rates for 2023

The Internal Revenue Service has issued the 2023 optional standard mileage rates. They're used to calculate the...

Protect your year-end donation deductions — a Q&A

Question #1: You use your credit card to donate to a qualified charity on December 31 this year. You don't pay the...

Tax-free IRA donations are Smart!

Give and Grin. If you are age 70½ (70.5) or older you can donate from your IRA directly to the Qualified Organization...

IRS warns that some crowdfunding money may be taxable to the recipient

From the IRS: Crowdfunding is a popular way to raise money online. People often use crowdfunding to fundraise for a...

IRS reminds us all to donate carefully after disasters to avoid scams

From the IRS: After an emergency or disaster, people rally to help victims by donating money. Unfortunately, this can...

We’re on our own checking charities – one scammer creates 76 IRS-approved fakes

As I remind you in The Best Charities for You, it's up to donors to evaluate charities. Although most charities must...

IRS announces charity volunteer mileage rate for 2022

The Internal Revenue Service has issued the 2022 optional standard mileage rates used to calculate the deductible...