Charitable Contributions and Deductions

Give the Gift of Charitable Donations on Giving Tuesday

December 3, 2019 / Elle Martinez

According to the National Retail Federation, close to 190 million people shopped from Thanksgiving through Cyber Monday this year, an increase of 14% over last year. For many, it was to pick up gifts for either themselves or their loved...

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Self-Employed

Self Employed – Small Business Saturday and Giving Back

November 30, 2019 / Jim Wang

As we enter the season of giving, you may see a lot of stores and companies giving back to the community. Some may donate a portion of sales to a charity, and others may donate their products or services to...

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Tax Reform

I’m Donating to Charity This Winter, Will I Still Get a Deduction?

November 5, 2019 / TurboTaxLisa

The article below is up to date based on the latest tax laws. It is accurate for your 2019 taxes (filed in 2020). If you plan to donate to a charity before year-end, you may be wondering how the new...

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Tax Deductions and Credits

Breast Cancer Awareness Month: Donations and Tax Deductions

October 3, 2019 / Elle Martinez

October is Breast Cancer Awareness month. Breast cancer is the most common cancer among women in America, so getting involved in the effort to fight breast cancer can have a tremendous impact. You can help the community by teaching others...

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Tax Planning

Financial Planning Month: Tax Edition

October 1, 2019 / Ginita Wall, CPA, CFP®

The article below is up to date based on the latest tax laws. It is accurate for your 2019 taxes (filed in 2020) and 2018 taxes, which should be filed by the April 15th, 2019 (or October 15th, 2019 with...

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Self-Employed

Tax Tips for Coaches

July 9, 2019 July 23, 2019 / Jim Wang

Almost every kid played some type of sport while growing up. From basketball games to dance practice, sports can be a big part of a kid’s childhood and for most of those kids, receive instruction every week from a coach....

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Tax Refunds

Four Ways to Make Your Tax Refund Deductible Next Tax Season

May 7, 2018 January 4, 2019 / Ginita Wall, CPA, CFP®

Hooray! You are getting a tax refund. As you fantasize about all the ways you can spend it, don’t forget ways that you can use this year’s tax refund to get a bigger refund next year. Here’s how: Make a...

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Tax Deductions and Credits

Save with a New Tax Relief Donation Law and Holiday Giving

November 13, 2017 July 23, 2019 / TurboTaxLisa

As the holiday season quickly approaches, the giving season is also upon us, as many of us feel encouraged to donate during the last few months of the year. This year, in the wake of the recent devastation caused by...

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Tax Deductions and Credits

Are You a PTA Parent? That Volunteering May Just Pay Off

August 28, 2017 July 11, 2019 / Jim Wang

By volunteering – including the local school or PTA – you may have some surprise tax benefits waiting for you when you file your income tax return. The IRS allows you to deduct certain expenses incurred in connection with volunteer...

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Tax Deductions and Credits

New School Year, New Gear? Don’t Just Toss Your Old Gear When You Can Donate

August 25, 2017 July 18, 2019 / Ginita Wall, CPA, CFP®

Have your kids outgrown last year’s school clothes? Are they clamoring for the latest backpacks and school supplies? If so, you’ve probably been shopping for back to school clothes and supplies in recent weeks. Which may leave you wondering what...

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