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  2. Charitable contribution deductions in the United States

    en.wikipedia.org/wiki/Charitable_contribution...

    An organization must meet certain requirements set forth in the code. Some organizations must also file a request with the Internal Revenue Service to gain status as a tax-exempt non-profit charitable organization under section 501(c)(3) of the tax code. A non-exhaustive list of organizations that may meet the Federal requirements are as follows:

  3. Is your Christmas tree ready to hit the curb? Here's when you ...

    www.aol.com/christmas-tree-ready-hit-curb...

    MetroWest communities announce how residents can dispose of Christmas trees. ... or can schedule a pickup with Boy Scout Troop 2. Scouts will pick up trees on Jan. 6 and Jan. 13 for a $10 donation.

  4. Charitable giving is up: Here's what to know about donating ...

    www.aol.com/finance/charitable-giving-heres-know...

    Americans made $3.6 billion in charitable donations this week — a double-digit increase of 16% from Giving Tuesday 2023’s total of $3.1 billion, according to The GivingTuesday Data Commons ...

  5. How to Maximize Your Philanthropy With Tax Benefits - AOL

    www.aol.com/maximize-philanthropy-tax-benefits...

    The basic definition of philanthropy is charitable giving. Any donation to an altruistic or selfless cause is philanthropic. However, from a financial planning standpoint, it’s helpful to think ...

  6. Foundation (United States law) - Wikipedia

    en.wikipedia.org/wiki/Foundation_(United_States_law)

    However, only charitable organizations can receive tax-deductible contributions and avoid paying property and sales tax. For instance, a donor would receive a tax deduction for money given to a local soup kitchen if the organization was classified as a 501(c)(3) organization, but not for giving money to the Green Bay Packers, even though the ...

  7. IRS Volunteer Income Tax Assistance Program - Wikipedia

    en.wikipedia.org/wiki/IRS_Volunteer_Income_Tax...

    Form 2441 – Child Care Expenses; Form 8863 – Education Credits; Form 1040NR; Most State Tax Forms; Returns with K-1 Income, fiduciary pass-through's only; Form 8889 & HSA's; Schedule R; Schedule C – Business Expenses with: A net loss exceeding $10,000; Deductions for depreciation; Deductions for business use of the home

  8. Donor-advised funds: A popular tax-advantaged way to give to ...

    www.aol.com/finance/donor-advised-funds-popular...

    The donor-advised fund is one of the most tax-efficient ways to donate money to charity, which has helped it become the fastest-growing charitable giving vehicle in the U.S., according to Fidelity ...

  9. 501 (c) (3) organization - Wikipedia

    en.wikipedia.org/wiki/501(c)(3)_organization

    The same public inspection requirement applies to the organization's annual return, namely its Form 990, Form 990-EZ, Form 990-PF, Form 990-T, and Form 1065, including any attachments, supporting documents, and follow-up correspondence with the Internal Revenue Service, with the exception of the names and addresses of donors on Schedule B. [35 ...

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