giving to charity

Did You Give to Charity in 2021 — Make Sure You Have Substantiation

March 1st, 2022|Categories: Accounting, Burns Firm, Charitable Donations, CPA Dallas, Dallas CPA, Dallas tax return preparer, Dallas tx accountant, Donations, Services, Tax, Tax Credits, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, The Burns Firm|Tags: are charitable donations tax deductible, Charitable donation, CPA Dallas, credits for giving, Dallas CPA, do I get tax credit for giving to charity, Donations, giving to charity, IRS substantiation requirements for donations, should I give to charity, tax, tax credits, tax deduction for charitable donation, The Burns Firm, what are requirements to deduct donations from tax return|

If you donated to charity last year, letters from the charities may have appeared in your mailbox recently acknowledging the donations. But what happens if you haven’t received such a [...]

Volunteering for Charity: Do You Get a Tax Break?

July 30th, 2019|Categories: Accounting, Burns Firm, Business, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation, Tax Return, TCJA|Tags: charitable contributions, charitable contributions and tax liability, donating to charily and keeping records for tax reasons, giving to charity, tax credit for donating to charity, tax deductions, tax deductions for volunteering|

If you’re a volunteer who works for charity, you may be entitled to some tax breaks if you itemize deductions on your tax return. Unfortunately, they may not amount to [...]