The Donor Advised Fund (DAF) has increased charitable giving over recent years. DAFs are not new; apparently, they have been around since the 1930s, and grew more popular in the 1990s. DAFs allow you to make charitable contributions to a fund you set-up with a public charity, then recommend grants from that fund over time. …
tax deduction
Should I take the standard deduction or itemize my deductions this tax season?
It is tax time. Normally, we would have our taxes filed by now, but this year we have an extension. But I am not thinking about taxes, I am thinking about summer, which I am going to tie into taxes on today’s blog. We typically rent a place up north each summer for anywhere from …
Should I take the standard deduction or itemize my deductions this tax season?Read More