When May Charities Give a Receipt for Expenses? In Elizabeth Van Dusen v. Commissioner; 136 T.C. No. 25; No. 20767-08 (1 Jun 2011), the taxpayer was a volunteer for a feline welfare organization. She helped approximately 70 to 80 foster cats during the year and sought to deduct the expenses involved. The IRS contested the deductions. Van Dusen was a volunteer for Fix Our Ferals (FOF), a qualified Sec.More >>
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GiftLegacy 3.0 Gets Results! "Since purchasing GiftLegacy four years ago, planned gifts to MUSC have reached record breaking levels. Last year we brought in $25 million in gifts! We attribute our substantial increase in planned gifts to our consistent branding and eMarketing with everything, including the print marketing, driving donors back to the planned giving website.More >>
White House Tax Proposals In the State of the Union Address, President Obama included several tax proposals. He stated his hope that high-income earners pay larger taxes in the future. The President also proposed a substantial number of major tax changes for businesses with international operations.More >>
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Finances
Stocks - Amgen Makes Purchase, Misses Earnings Estimates