Not all Charitable Contributions are Deductible by Adam Cohen, CPA
Posted on April 07, 2017 by Adam Cohen
The U.S. tax code allows individuals to claim a deduction on their federal income tax returns when they donate money or products to a charitable, non-profit organizations. The deductible contribution reduces the amount of a taxpayer’s income that is subject to tax. However, all donations are not treated equally. Following are some tips for taxpayers […]