Tag Archives: Charity

Honey, Did You Pay the Babysitter

Wouldn’t it be nice if the IRS allowed a deduction so that you and your spouse can go on a date night? Well they don’t. But one woman, in Kingsley v Commissioner, was allowed a deduction for paying a babysitter … Continue reading

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Charity

You can generally deduct the full amount of the donation as long as it is to a qualified nonprofit. Some examples of qualified nonprofits are churches, governments, hospitals, the Salvation Army, United Way, Boy Scouts of America, and the American … Continue reading

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Tax Tips When Traveling for Charity

You cannot deduct the value of your services that you give to charity, but you may be able to deduct some of your out-of-pocket costs. The deductible expenses must be unreimbursed and incurred only on behalf of the charity. In … Continue reading

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Tips for Taxpayers Who Travel for Charity Work

Do you plan to travel while doing charity work this summer? Some travel expenses may help lower your taxes if you itemize deductions when you file next year. Here are five tax tips the IRS wants you to know about … Continue reading

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Nine Tips on Deducting Charitable Contributions

Giving to charity may make you feel good and help you lower your tax bill. The IRS offers these nine tips to help ensure your contributions pay off on your tax return. 1. If you want a tax deduction, you must … Continue reading

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