If you’re like many donors, the weeks leading up to tax deadlines tend to bring charitable giving into sharper focus. You may have finalized contributions, gathered documentation, or had conversations with your CPA about how your giving fits into your overall financial plan. After the deadline has passed, it’s tempting to move on and not revisit these decisions until later
It’s tax season, which means it’s a terrific time to ensure that your charitable giving goals are on track and here are four items to discuss with your CPA. New rules for itemizing charitable deductions As in prior years, charitable contributions are deductible only if you itemize your deductions. If your total itemized deductions do not exceed the standard deduction,