Maximize Year-End Giving with Charitable Donations
What’s better than helping your favorite charity and reducing your tax bill? That’s exactly what charitable giving does—but only if you play by the rules and take advantage of the tax laws wisely.
Vincent Russo on CFN Live: Maximize Year-End Giving with Charitable Donations
Learn how to maximize year-end giving with charitable donations. Join Vincent J. Russo on CFN Live and get valuable tips and insights.
Vincent Russo on CFN Live: “Year End Charitable Giving: IRS Tips”
Watch “In The Legal Know” with Vincent J. Russo Vincent appeared on CFN Live on December 20th, 2023 to discuss“Year End Charitable Giving: IRS Tips” https://youtu.be/-YLyiKnZyFg Vincent J. Russo discusses how to maximize gifts with IRA funds, what you need…
Year End Charitable Giving: IRS Tips
This originally aired on the Catholic Faith Network’s show CFN Live: https://youtu.be/-YLyiKnZyFg It is that time of year. There are just a few days left for charitable giving in 2023. Believe it or not, on December 16th, the IRS issued…
Charitable Giving Limits: How Much Can You Deduct?
In general, your total charitable deductions are limited to no more than 60% of your adjusted gross income (AGI). However, only donations to certain organizations as defined by the IRS qualify for the highest limit. These organizations include, but are…
Smart Strategies for Charitable Giving and Tax Savings
In order to get the potential tax benefits of a charitable contribution of money or property, you must file an IRS Form 1040 and itemize your deductions on “Schedule A.” If you do not file an IRS Form 1040 then there…