Charitable Donations that are Tax Deductible

more+
less-

If you want to claim tax deductions for your charitable giving, there are a few things you have to bear in mind. The most important thing to know is that not all giving to charities qualifes for a tax deduction. However, expenses incurred while making your charitable donations are tax-deductible but at a much lower rate than most expect.

For instance, if you intend to deduct the cost of traveling while making your charitable donations, the expenses rate is only 14 cents per mile, far below the commercial rate of 51 cents per mile.

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Darrin Mish, Tampa Tax Attorney, The Law Offices of Darrin Mish, P.A. | Attorney Advertising

Written by:

more+
less-

The Law Offices of Darrin Mish, P.A. on:

Popular Topics
Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×