Giving to a good cause feels great — and if you itemize your taxes, it can also help lower your tax bill. The charitable donation tax deduction lets you write off qualified gifts to nonprofit ...

As "Giving Season" comes to a close, there are only a few days left in the year for folks — specifically donors — to reap the benefits of charitable donations. Historically, the last two months of the ...

Every year, millions of Americans support causes that are important to them by donating to charities and nonprofits. A 2023 Giving USA Annual Report of Philanthropy found that individuals gave an ...

Keep Records If you plan to itemize charitable deductions, the IRS requires that you substantiate them. For amounts less than $250, records such as a canceled check, bank statement or credit card ...

Employees want to use their money for good, and employers who support those efforts can help make their impact go even further. Seventy-one percent of employees say it's important that they work for a ...

Each year, individuals and families contribute thousands of pounds of tangible personal property – such as gently used clothing, old toys, furniture and household appliances – to local charities. In ...

Donations made at the direction of the President, Provost or Vice President and CFO; or Donations to attend or gain recognition at fundraising events, where institutional representation is necessary; ...