Charities
Do I Need a Receipt for That?
One of the most common questions we get as tax advisors at Muckel Anderson, is, “What do I need to keep to prove my tax deductions?” I always answer by explaining that not all deductions are created equal. Different deductions require different levels of documentation. It’s also important to clarify that if audited, the burden… read more
Check status of a charity before making a contribution
Americans donate hundreds of millions of dollars every year to charity. It is important that every donation be used as the donors intended and that the charity is legitimate. The IRS oversees the activities of charitable organizations. This is a huge job because of the number and diversity of tax-exempt organizations and one that the IRS takes very… read more
