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TAX MAN: Charitable giving under OBBBA
Summary by The Garden Island
1 Articles
1 Articles
TAX MAN: Charitable giving under OBBBA
We continue our coverage of the Trump tax act by focusing on one provision that is very important to charities — like us. In President Trump’s first term, the tax code was changed to give taxpayers a significant boost to the standard deduction, which is what every individual taxpayer can claim just for being alive even if he or she doesn’t keep meticulous records of deductible expenses. Charities were up in arms about this. They worried that it …
·Hawaii, United States
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
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100% Center
C 100%
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