Knowing what you can and can't claim as charitable contributions helps you maximize ... greater than $250 must also be documented with a letter from the organization. Non-cash donations also ...

it is not a charitable contribution. In the Varsity Blues college admissions scandal, a number of parents were charged with crimes, including tax crimes. Two Senators wrote the IRS a letter ...

However, this act of kindness goes beyond simply giving back. With proper planning and guidance, charitable contributions can enhance your financial plan, providing tax cuts while generating income.