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Tax Tip 2021-176, November 30, 2021

Tax Tip 2022-175, November 15, 2022 — The Tuesday after Thanksgiving marks Giving Tuesday when many people choose to make charitable donations. People making charitable donations for Giving Tuesday, or at any time during the year, should review whether their gift is tax-deductible.

IR-2021-214, November 3, 2021 — The Internal Revenue Service today reminded taxpayers that a special tax provision will allow more Americans to easily deduct up to $600 in donations to qualifying charities on their 2021 federal income tax return.

Can a qualified charitable organization that does not do disaster relief give money to a disaster relief organization helping the victims of Hurricane Katrina?

IR-2024-289, Nov. 14, 2024 — The Internal Revenue Service reminds individual retirement arrangement (IRA) owners age 70½ and older that they can make up to $105,000 in tax-free charitable donations during 2024 through qualified charitable distributions. That’s up from $100,000 in past years.

IR-2022-205, November 29, 2022 — On Giving Tuesday, the Internal Revenue Service and its Security Summit partners warned taxpayers to be on alert for scammers using fake charities to commit fraud not just during the holiday season but year-round.

IR-2021-237, November 30, 2021 — The Internal Revenue Service and Security Summit partners today warned taxpayers to be wary of fake charities used by scammers to get money as well as sensitive financial and personal information from victims.

IR-2023-196, Oct. 23, 2023 — With the tragic crises and natural disasters happening around the globe, many are responding to the call to give what they can to help. The Internal Revenue Service today warned taxpayers to be wary of criminals soliciting donations and falsely posing as legitimate charities.

A brief description of the disclosure and substantiation requirements for contributions to charitable organizations.

Charitable remainder trusts are irrevocable trusts that allow people to donate assets to charity and draw income from the trust for life or for a specific time period.