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It’s a good idea to check first with the IRS’ Tax Exempt Organizations Search Tool, but generally, charitable gifts to the following types of tax-exempt organizations are tax-deductible donations:
When you receive a wedding gift, birthday present or thoughtful favor, a thank-you note is in order. Here are a few great thank-you messages to inspire you. 85 Heartfelt "Thank You" Messages for ...
Funeral expenses may be tax deductible when settling an estate, but only if the expenses were paid using the estate’s funds and the estate is subject to taxes.
The particular tax consequences of a donor's charitable contribution depends on the type of contribution that he makes. A taxpayer may contribute services, cash, or property to a charity. There are a number of traps, especially that donations of short-term capital gains are generally not tax deductible.
A letter of thanks or thank-you letter is a letter that is used when one person/party wishes to express appreciation to another. Personal thank-you letters are sometimes hand-written in cases in which the addressee is a friend, acquaintance or relative. Thank-you letters are also sometimes referred to as letters of gratitude. These types of ...
A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in return."