Donations for Tax Deductions
Tips for Donations: Expect a 25 to 30% benefit for the value of what you are donating Goodwill has a “donation value estimator” where you
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Tips for Donations: Expect a 25 to 30% benefit for the value of what you are donating Goodwill has a “donation value estimator” where you
Apps like Cash App, Venmo, PayPal, etc. DO have to report to the IRS for business items over $600. BUT – it’s for 2022, not
If you are gifting or receiving a gift, it is rarely ever taxable. Right now, there is a lifetime exclusion of $11 million per person