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Individual Tax Articles

 

Claiming Charitable Donations for 2023 Tax Year

Claiming Charitable Donations for 2023 Tax Year

Posted by Isabella Newman on January 30, 2024

If you donated to charity last year, you may be eligible for a tax deduction if you itemize deductions on your tax return. For donations of $250 or more, you need a written acknowledgment from the charity.

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Tax Reasons to Refuse an Inheritance

Tax Reasons to Refuse an Inheritance

Posted by D’Marie Kleeman on January 25, 2024

At first glance an inheritance may be considered a windfall, but the tax aspects should be considered before accepting.

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