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Why It Probably Does Not Pay To Be Charitable For Tax Purposes

Why It Probably Does Not Pay To Be Charitable For Tax Purposes

getty 2020 has been an incredibly challenging year for all Americans. The pandemic’s impact on the physical, mental and financial health of the country has led many Americans to struggle to survive. As we come to year end, many Americans are taking one last look at their tax planning and considering what type of charitable gifting they should do. There is an...

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Americans IRS TCJA Tax Cuts and Jobs Act Tax Foundation