Categories
Nine Tips for Charitable Taxpayers
Fri, 08/26/2011 - 11:08 | by Brent A. Hoffman CPAIf you make a donation to a charity this year, you may be able to take a deduction for it on your 2011 tax return. Here are the top nine things the IRS wants every taxpayer to know before deducting charitable donations.
1. Make sure the organization qualifies Charitable contributions must be made to qualified organizations to be deductible. You can ask any organization whether it is a qualified organization or check IRS Publication 78, Cumulative List of Organizations. It is available at www.IRS.gov.
Why Tax Filing Will Be Worse Than Usual
Mon, 12/06/2010 - 17:30 | by Sandy SoderstedtTHE NANCY PELOSI-HARRY REID Congress is preparing a parting gift for us: a 2011 tax-filing season fiasco at least as trying as the one in 2007.
It's already fairly certain that 2010 tax refunds for millions of filers will be delayed by many weeks, because Congress is waiting so late in the year to patch the alternative minimum tax to prevent it from snagging 20 million to 27 million new taxpayers.
