Category Archives: Charities

*AskTaxMama Newsletter, *Tax Quips, California, Charities, Child and Dependent Care Credit, Child Tax Credit & Additional Child Tax Credit, Credits, Deductions, IRS - Information, IRS News, Itemized Deductions, Tax Legislation

TaxMama’s® TaxQuips Important Considerations for Your 2022 Tax Return

Posted on by TaxMama
06
Feb

  It’s TaxQuips time from TaxMama.com® .  Today TaxMama® wants to alert you to issues that will affect your tax return filing, and perhaps tax planning, during 2023                Dear Family, Where does the time go?! Sorry to be posting so late – but the days just seem to flash […]

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*AskTaxMama Newsletter, *Tax Quips, Charities, Donations, Gifts, IRS News

TaxMama’s® TaxQuips Giving and Receiving

Posted on by TaxMama
02
May

    It’s TaxQuips time from TaxMama.com® . Today TaxMama® wants talk to you about an issue raised by Jean Mammen, EA. She says that right around now, there is so much going on, helping refugees, the homeless, and others who have experienced adversity. So, let me give you some quick tips about the tax […]

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*Tax Quips, Charities, Child Tax Credit & Additional Child Tax Credit, Contributions, Donations, Donor Advised Funds, Form 2848, Form 8821, Identity theft, Qualified Charitable Distributions, Tax Professionals, Tax Resolution, Transcripts- IRS

TaxMama’s® TaxQuips Goodbye 2021

Posted on by TaxMama
27
Dec

  It’s TaxQuips time from TaxMama.com® – Today TaxMama® wants talk to you about some year-end tips and ideas to get ready for next year.                       Dear Family, This year is coming to a close remarkably fast. It seems it was just January one blink […]

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*AskTaxMama Newsletter, *Tax Quips, Charities, Donations, Donor Advised Funds, IRS News, Qualified Charitable Distributions

TaxMama’s TaxQuips Giving Tuesday

Posted on by TaxMama
01
Dec

Today is a special day, especially precious to those facing serious challenges this year – it’s Giving Tuesday.

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*AskTaxMama Newsletter, *Tax Quips, Charities, Donations

Are Vehicle Donations Down?

Posted on by TaxMama
21
Feb

subtitle: Why donations are down – especially vehicles Today TaxMama® wants to talk to you about charitable contributions, especially vehicle donations.       How are charitable donations of vehicles affected because of the new tax rules – effective as of December  2017, in the Tax Cuts and Jobs Act – https://www.irs.gov/charities-non-profits/charitable-organizations/irs-guidance-explains-rules-for-vehicle-donations ? The first tax […]

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*AskTaxMama Newsletter, *Tax Quips, Capital Gains Tax, Capital Losses, Charities, Contributions, Employee Business Expenses, Interest Expense, IRAs, Itemized Deductions, Medical, Payroll, Retirement Accounts, RMD - Required Minimum Distributions, Roth IRA, W-4

Last Minute Tax Tips for 2018

Posted on by TaxMama
11
Dec

Today TaxMama®wants to give you some steps to take before the end of 2018. Dear Family, This year, it’s especially difficult to figure out how to reduce your taxes. The average couple is not likely to be itemizing any more. Folks with high employee business expenses won’t be able to use them. Individuals with mortgages […]

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*AskTaxMama Newsletter, *Tax Quips, Auto Expenses, Charities, Contributions, Medical, Mileage, Volunteering

2016 Mileage

Posted on by TaxMama
21
Mar

TaxMama® and Ken Jeffries interview: LISTEN TO PODCAST: [s3audio url=”https://taxmama.audioacrobat.com/download/TaxMama_1-2016_Mileage.mp3″ /] Ken: It’s TaxQuips Time from TaxMama.com . Today TaxMama covers deductible mileage. What kinds of mileage are deductible by individuals and businesses?buy fluoxetine online https://www.mobleymd.com/wp-content/languages/new/fluoxetine.html no prescription TaxMama: Actually, there are four ways to take advantage of vehicle-related deductions: Medical mileage Moving Mileage Job […]

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*AskTaxMama Newsletter, *Tax Quips, Charities, Crowdfunding, Donations, Gifts, Medical

Crowdfunding for Medical Costs

Posted on by TaxMama
16
Feb

Today TaxMama® hears from Josh in the TaxQuips Forum with this interesting question, let me re-phrase. “I want to raise money for a family member who is ill, using crowd-funding. What’s the best way to do this with the least tax impact?”

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*AskTaxMama Newsletter, *Tax Quips, Charities, Deductions, Donations

Charity by Proxy

Posted on by TaxMama

Today TaxMama® hears from GuideForThePoor in the TaxQuips Forum, who has an interesting question. “Suppose your deductions are too low to itemize, but you still want to give money to charity. Can you give the money to a friend who does itemize – and have the friend donate it to charity and get the deduction?” […]

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*Tax Quips, Charities, Donations, Gambling

Charity Raffle Costs

Posted on by TaxMama

Today TaxMama® hears from Eliezer in the TaxQuips Forum with this interesting question. “Many non-profit organizations run raffles with great prizes. Sometimes the raffle tickets can get pricey (>$100) and the entrants want to deduct these amounts as charitable contributions to the non-profit organization. Assuming the entrant did not have any winnings, is there any situation […]

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*AskTaxMama Newsletter, Charities, Gifts, IRS News

IRS Offers Tax Tips for “The Season of Giving”

Posted on by TaxMama

Courtesy of the Internal Revenue Service December is traditionally a month for giving generously to charities, friends and family. But it’s also a time that can have a major impact on the tax return you’ll file in the New Year. Here are some “Season of Giving” tips from the IRS covering everything from charity donations […]

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