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May 4, 2022Charitable Donations Tax Deductible and Gift Tax Deduction
What to Know about the Gift Tax Deduction and Charitable Donations Tax Deductible and Under the Jobs Act and Tax Cuts.
Manisha HansrajNov 27, 2018How are Charitable Deductions Affected by the TCJA?
Generosity has its perks, or rather its tax benefits. Keep in mind, taxpayers are able to easily itemize once they exceed their standard deduction. This typically happens by taxpayers claiming charitable donations along with any expenses they have. It then becomes greater than their standard deduction. However, the standard deduction is twice the amount for 2017. […]
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