Treybourne Blog

Welcome to our blog. Stop by and stay awhile!
Joe Paulson has not set their biography yet

Charitable Giving 101 – A 30,000 Foot Review of Giving

As we quickly close in on the end of another tax filing season, I thought it would be helpful to explain some of the basics of charitable giving as they relate to income tax.  Obviously, there are many different reasons people give to charitable institutions (i.e. a personal connection to a charity, religious beliefs, tax planning methods, etc.).  Whatever the reason you have to give, I hope this short discussion helps provide clarity and quality information as you plan ahead for taxes in 2017.   Giving Basics: One of the major tax planning tools that can be utilized is charitable giving.  When you give you to a qualifying charitable organization (501(c)3 organization), your contribution qualifies for a tax deduction that lands on Schedule A – Itemized Deductions.  You can give cash, real property, personal property, stocks, and many other different assets.  Most of your gifts (i.e. cash, most personal property, etc.)...
Continue reading
441 Hits

Tell a Friend

Featured News

Contact Us

609 Treybourne Drive, Suite B
Greenwood, Indiana 46142
Phone: 317-881-6670 (press 2)
Fax: 317-887-5692
This email address is being protected from spambots. You need JavaScript enabled to view it.