Are Political Donations Tax-Deductible?

political campaign

Although the IRS encourages charitable giving through tax breaks, the agency and the taxpayers it serves sometimes disagree on what constitutes a charity. To help solve this problem, the IRS maintains a list of each qualified organization that taxpayers can donate to if they want a tax deduction. You’ll notice, however, that there are no … Read more

Are Charity Donations Tax Deductible? A Tax Guide For Giving

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Making charitable donations is a great way to help others and maybe reduce your tax bill a little at the same time. As is true with most tax-related activities, however, there is a right way and several wrong ways to go about claiming your charitable contributions at tax time. To make sure your gift benefits … Read more