by Arthur Geffen | Apr 10, 2018 | Charitable Gifts
The reason charitable trusts and gift annuities make more sense now than before the new tax law is that by increasing the standard deduction, the new law dramatically cuts the number of taxpayers who will benefit from itemizing deductions, including deductions...
by Arthur Geffen | Oct 23, 2017 | Charitable Gifts, Dallas Estate Lawyer, Dallas Probate Lawyer, Estate Tax
Charites benefit from the estate tax because bequest gifts are not subject to it, creating an even stronger reason to leave a charitable bequest gift. Of course, individuals leave bequest gifts for many reasons, even if they are not subject to the estate tax....
by Arthur Geffen | Aug 9, 2013 | Charitable Gifts, Income Tax
Do you wonder whether that charity that just called is really tax exempt. Check instantly at this IRS Website. EO Select Check
by Arthur Geffen | Dec 6, 2012 | Charitable Gifts
December is traditionally a month for giving generously to charities, friends and family. But it’s also a time that can have a major impact on the tax return you’ll file in the New Year. Here are some “Season of Giving” tips from the IRS covering everything from...
by Arthur Geffen | Mar 27, 2012 | Charitable Gifts, Income Tax
Donations made to qualified organizations may help reduce the amount of tax you pay. The IRS has eight essential tips to help ensure your contributions pay off on your tax return. 1. If your goal is a legitimate tax deduction, then you must be giving to a qualified...
by Arthur Geffen | Oct 4, 2010 | Charitable Gifts, Estate Planning, Pets
What a fantastic story to emerge on World Animal Day! A Southport man has left £1.4 million to three animal charities in his last will and testament, Gordon Hardy died aged 83 after living life as a pauper. Trustees of his estate, Brown Turner Ross solicitors...
