Estate and Elder Law

Recent Posts

Ten Tips for Taxpayers Making Charitable Donations - IRS Summertime Tax Tip 2010-21
Posted on 26 Aug 2010 by LexisNexis Estate and Elder Law Community Staff

From IRS.gov : Did you make a donation to a charity this year? If so, you may be able to take a deduction for it on your 2010 tax return. Here are the top 10 things the IRS wants every taxpayer to know before deducting charitable donations. 1... Read More

Charitable Contributions: Did Your Favorite Non-Profit Just Lose its Tax Exempt Status?
Posted on 13 Jun 2011 by Deirdre R. Wheatley-Liss

Non-profits are formed all the time to advance a purpose to better the world or support a cause. While the philanthropic goals are wonderful. the record-keeping behind them is often spotty or non-existent. The result of bad record keeping? The IRS has... Read More

Charitable Giving is on the Rise, Even During Slow Economic Times
Posted on 4 Aug 2011 by Brian A. Boys

A recent report from the Giving USA Foundation and the Center on Philanthropy at Indiana University shows that charitable giving nationwide rose 3.8% in 2010. This increase comes after two years of steep declines. The study estimates that donations from... Read More

Charitable Contributions: Did Your Favorite Non-Profit Just Lose its Tax Exempt Status?
Posted on 13 Jun 2011 by Deirdre R. Wheatley-Liss

Non-profits are formed all the time to advance a purpose to better the world or support a cause. While the philanthropic goals are wonderful. the record-keeping behind them is often spotty or non-existent. The result of bad record keeping? The IRS has... Read More

Charitable Giving is on the Rise, Even During Slow Economic Times
Posted on 4 Aug 2011 by Brian A. Boys

A recent report from the Giving USA Foundation and the Center on Philanthropy at Indiana University shows that charitable giving nationwide rose 3.8% in 2010. This increase comes after two years of steep declines. The study estimates that donations from... Read More

Charitable Contribution Tax Tips
Posted on 12 Nov 2010 by Sandra L. Smith

As the year draws to a close, many taxpayers consider making charitable contributions. The Internal Revenue Service recently issued a Tax Tip outlining the top ten things it wants taxpayers to know before deducting charitable contributions. Charitable... Read More

Substantiating Charitable Deductions
Posted on 3 Feb 2012 by John Dedon

Taxpayers who claim income tax deductions for charitable contributions must request and obtain the written acknowledgement from the charity that the contribution was made. It is due by April 17, 2012, the time the income tax return is filed. Failure... Read More

Substantiating Charitable Deductions
Posted on 3 Feb 2012 by John Dedon

Taxpayers who claim income tax deductions for charitable contributions must request and obtain the written acknowledgement from the charity that the contribution was made. It is due by April 17, 2012, the time the income tax return is filed. Failure... Read More