Whether it's to a veterans group, a medical foundation, a faith-based organization or other charity, donating a used car can be both useful to the organization and its mission, as well as a potential tax-saving benefit to the giver
Bloomberg BNA has named that Paul Frankel as the recipient of the 2013 Franklin C. Latcham Award for Distinguished Service in State and Local Taxation. Frankel is senior counsel with Morrison and Foerster's State + Local Tax Group and former Chairman...
Federal funding cuts and limited grants have forced many charities to rely on year-end donations in order to survive. For individuals, holiday giving is an opportunity to donate to a cause they care about, while securing a last-minute tax break.
Bank of America and Wells Fargo are changing some of their practices to comply with the terms of a national legal settlement that aimed to fix pervasive problems in mortgage servicing, a Wednesday report from the agreement's watchdog shows.
The Internal Revenue Service (IRS) needs to strengthen systems development controls for the Premium Tax Credit (PTC) Project, the Treasury Inspector General for Tax Administration (TIGTA) concludes in a new report publicly released today.
WASHINGTON (AP) — The Supreme Court says two Texans' partnership doesn't keep the IRS from penalizing them for what the agency called a sham tax shelter.
The Supreme Court unanimously upheld the agency's 40 percent penalty against Gary Woods and...
Based on data from 3,828 charities that raised more than $12 billion in the prior 12 months, The Blackbaud Index reported that overall charitable giving grew 2.3 percent for the three months ending October 2013, as compared to the same period in 2012.
Health reform expanded Medicaid to those earning less than 138 percent of poverty level. To speed up the application process, Medicaid no longer asks for savings account statements and insurance policy values to determine eligibility.