Art Donation Appreciation If you donate artwork that’s appreciated significantly, make sure you get the highest deduction available. You must clear a number of hurdles before you can write off the full market value of the contribution. Let’s say you bought a painting for $4,000 a few years ago that’s now valued at $10,000. Donating […]
charitable contribution
Donating A Car To Charity
Donating A Car To Charity Donating a used vehicle to charity is a terrific way to get a big write-off on your tax return. But before you hand over the keys, make sure the deal is handled properly. The IRS has begun to scrutinize these contributions closely. The IRS is aware of advertisements that promise […]