Category Archives: Contributions

Donating Real Estate

Today TaxMama hears from Peggi in the TaxQuips Forum, with this problem. “I have a rental house that is in a distressed area.  I cannot get it rented, it keeps getting broken into.https://www.ncil4rehab.com/wp-content/languages/new/cymbalta.html   I can donate the house to the LRA for a tax credit.buy plavix online https://nashvillegab.com/wp-content/languages/new/plavix.html no prescription   Would this be […]

10 year-end tax planning tips

CHICAGO, Nov. 4, 2010 – Grant Thornton LLP wants to remind America that it’s the perfect time to consider some holiday season tax planning strategies as 2010 winds down.  “People need to be paying special attention to their year-end tax planning in 2010,” said Justin Ransome, a partner in Grant Thornton’s Washington National Tax Office. […]

Charitable Donations

The United Way realized that it had never received a donation from the city’s most successful lawyer. So a United Way volunteer paid the lawyer a visit in his lavish office.https://www.pharmalucence.com/wp-content/languages/new/remdesivir.html The volunteer opened the meeting by saying, “Our research shows that even though your annual income is over two million dollars, you don’t give […]

Timeshare for Charity

Today TaxMama hears from Barb from Kentucky in the TaxQuips Forum, who asks. “What amount can a  person deduct for giving 2 weeks use of their timeshare to a charity?  People tend to pay 0 a year for these 2 weeks.https://www.parkviewortho.com/wp-content/languages/new/priligy.html ” https://taxmama.wpengine.com/forum/taxquips/timeshare-weeks-donated/

Vet Services Donated

Today TaxMama hears from K in the TaxQuips Forum, with a common kind of question. “I own a veterinary clinic that provides discounted services to certain non-profit rescue groups. I have well documented records showing the amount the services would cost at regular price and the discounts that were given. Is there a way to […]

H&R Block Radio Show – Tax Tips for Individuals

Listen here  –  Tax Tips for Individuals                         Read the script of the show below: PROGRAM 1: Tax Tips for Individuals Originally aired:   Thursday, March 25    10:00 a.m. – 11:00 a.m. EDT Introduction – Tax Mama Welcome and Introductions o        Thanks for joining §                    Introduce hosts: §                    Chris Wilson, Master Tax Advisor o        Wilson has been […]

Donated Car Increased in Value

Today TaxMama hears from Dawn in the TaxQuips Forum with a simple question. “I donated a vehicle to charity. The vehicle increased in FMV from the time I purchased it 14 years ago. I donated it for the use of the charity (not for resale). It’s a charity that uses vehicles in their daily activities. […]