Weston

Liz Weston: Make the most of the new charitable giving rules

Liz Weston: Make the most of the new charitable giving rules

Most people no longer get a tax deduction when donating to charity. This shouldn’t stop you from donating, but you may want to change your approach. Generally, only taxpayers who itemize deductions can write off charitable contributions. The vast majority of taxpayers take the standard deduction instead, which was nearly doubled by the Tax Cuts …

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Liz Weston: Make the most of the new charitable giving rules

Liz Weston: Make the most of the new charitable giving rules

Most people no longer get a tax deduction when donating to charity. This shouldn’t stop you from donating, but you may want to change your approach. Generally, only taxpayers who itemize deductions can write off charitable contributions. The vast majority of taxpayers take the standard deduction instead, which was nearly doubled by the Tax Cuts …

Liz Weston: Make the most of the new charitable giving rules Read More »