Tag Archives: tax reform

Charitable Deductions Under Attack

The “charity” deduction was created in 1917 to preserve America’s centuries-old tradition of philanthropy. It is the only section of the U.S. Tax Code that “rewards” a taxpayer for giving their resources away. Tax benefits for charitable contributions and tax-exempt …

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How Taxes Work

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By: Chuck Piola A friend shared with me the following tax analogy. It is so humorously true that I want to pass it along. Although this story has been circulated on the Internet, there are plenty of people who will …

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