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Charitable contributions are an excellent way for businesses to support their communities, reduce taxable income, and foster goodwill among customers and employees. However, understanding the IRS rules surrounding charitable giving
As Donald Trump prepares for his presidential term in 2025, his tax policies and priorities are already a hot topic, particularly for business owners navigating an evolving financial landscape. This
As business owners, you’re always looking for ways to reduce taxable income while supporting causes that matter to you. A Qualified Charitable Distribution (QCD) offers a unique and tax-efficient way
As the year draws to a close, now is the perfect time to consider year-end tax planning strategies. Tax laws for businesses continue to evolve, and staying proactive can help
When it comes to charitable giving, the IRS provides guidelines that ensure donors can take full advantage of tax deductions, while also keeping everything above board. Understanding these rules is
As a business owner, you’re likely always on the lookout for smart strategies to reduce your tax liability while supporting causes you care about. Charitable contributions are one of the
Thinking about donating your car or another vehicle to a charitable organization? It’s a generous move, but did you know that with the right approach, you could potentially save more
Duncan Bass, a dedicated worker holding two W-2 jobs and running multiple businesses including a landscaping service, a janitorial company, and a used clothing store, found himself in a legal
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