Not All Giving is Deductible

Stacie Kitts, CPA is a partner at Katherman Kitts & Co. LLP On occasion I run across a taxpayer who “helped” out a..

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Not All Giving is Deductible

Published on 2011-10-03 09:28:03

Stacie Kitts, CPA is a partner at Katherman Kitts & Co. LLP On occasion I run across a taxpayer who “helped” out a family or a friend and wants to deduct the money given as a charitable contribution.  They are always shocked to find out that helping your neighbor isn’t tax deductible unless its through [...]

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