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Being savvy about income taxes matters — whether you itemize deductions or not.Savvy Donors Do Good Well

A savvy donor can minimize income taxes, avoid capital gains taxes, and even make a tax-free gift to a charity they love.

Being uninformed can cost you plenty at tax time.

Being savvy about taxes and your donating — can save you hundreds or thousands of dollars.

This course deals with the U.S. Federal income tax rules. Different rules apply to business and other deductions, and under State income tax laws. For more information contact an experienced and capable tax advisor.

This course provides general information, not specific advice on individual matters. Persons wanting specific advice on the matters discussed should contact an advisor experienced in those matters.

Lessons

Charitable Contribution Deductions

Charitable Contribution Deductions

The charitable contribution deduction is available only to those who itemize deductions on their inc...
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Proof Required for Contribution Deductio...

Proof Required for Contribution Deductions

Depending on the size of your donation, you’ll need different forms of written proof to back up a ch...
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Tax-Free Donating from Your IRA

Tax-Free Donating from Your IRA

If you are age 70½ or older you can donate from your IRA directly to the Qualified Organization (see...
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Avoid Capital Gains Taxes by Donating

Avoid Capital Gains Taxes by Donating

Yes, you can avoid capital gains taxes by giving those stock gainers (and other appreciated assets) ...
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Itemized Deductions for Volunteers

Itemized Deductions for Volunteers

You may be able to deduct amounts you spend volunteering for an organization that’s eligible to rece...
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Goal Progress
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