charity

Six IRS Tips for Year-End Gifts to Charity

Many people give to charity each year during the holiday season. Remember, if you want to claim a tax deduction for your gifts, you must itemize your [...]

IRS Finally Confirms that Contributions to Single Member LLCs Owned by Charities Are Deductible

On July 31, 2012, the IRS issued Notice 2012-52 (the "Notice"), providing long awaited confirmation that a charitable contribution to a limited liability [...]