The holidays are just around the corner, and many families are eager to give back to their communities or make charitable contributions in the spirit of the season. (babyblankets.com)
By donating the $ 500, the taxpayer has both saved $ 500 in state tax liability and obtained a federal charitable contribution deduction of $ 500. (surlysubgroup.com)
The tax treatment of charitable contributions made by an S - corporation is something that clients sometimes question. (dinesentax.com)