enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Charity Donation Tax Deductions: What You Can and Can’t Claim

    www.aol.com/charity-donation-tax-deductions-t...

    “An organization has to have received the 501(c)(3) designation from the IRS for it to qualify as a ‘charitable organization’ in terms of deduction donations for tax purposes,” said ...

  3. 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:

  4. Foundation (United States law) - Wikipedia

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

    The distinction between charitable organizations and non-profit organizations elaborates on this point. The Internal Revenue Code defines many kinds of non-profit organizations that do not pay income tax. However, only charitable organizations can receive tax-deductible contributions and avoid paying property and sales tax.

  5. How Charitable Donations Really Affect Your Tax Return ... - AOL

    www.aol.com/charitable-donations-really-affect...

    Charitable donations can help a worthy cause, but your donations may also help your tax bill. Watch Out: The 7 Worst Things You Can Do If You Owe the IRSMore: Owe Money to the IRS? Most People Don ...

  6. Non-profit organization laws in the U.S. - Wikipedia

    en.wikipedia.org/wiki/Non-profit_organization...

    The steps required to become a nonprofit include applying for tax-exempt status. If States do not require the "determination letter" from the IRS to grant non-profit tax exemption to organizations, on a State level, claiming non-profit status without that Federal approval, then they have actually violated Federal United States Nonprofit Laws.

  7. A Guide to Tax Deductions for Charitable Donations - AOL

    www.aol.com/news/guide-tax-deductions-charitable...

    According to the latest Giving USA Annual Report of Philanthropy, charitable giving by American individuals in 2018 totaled about $292 billion. -- Consider donations for conservation purposes ...

  8. 501 (c) organization - Wikipedia

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

    An individual's donation to a fraternity is only a tax-deductible charitable contribution if the contribution "is to be used exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals."

  9. Don't Get Burned by Your Charitable Deductions - AOL

    www.aol.com/2013/03/27/charitable-deductions...

    But if you aren't careful about making sure the charity you're giving to is legitimate -- or that you set up the donation properly -- you could Don't Get Burned by Your Charitable Deductions Skip ...