Donations

How to Deduct Charitable Donations

How to Deduct Charitable Donations

The new tax law, the Tax Cuts and Jobs Act of 2017, has made some changes to deductions on Schedule A, reducing your ability to deduct donations to charities on your income tax return. Your business may be able to deduct charitable giving, depending on your business type. The New Tax Law First, the new tax law may have a big…

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