Sentences with phrase «substituting charitable donations»

Not exact matches

Taxpayers could donate to the funds as a substitute for paying a portion of their property taxes and then receive a charitable donation tax credit on their federal tax forms.

And he says it's uncertain whether the IRS will accept the charitable trust donations as a substitute for property taxes, calling them «foolish» and «misleading.»

Local governments also could be authorized to trade tax credits for charitable donations as a substitute for some local property tax payments.