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This time of year our thoughts turn to giving– to friends, family, and to charity. And it is also the time of year that we begin to think about – taxes. If you volunteer, you may be wondering “how does volunteering for a charity affect my taxes?”. Though the time you give to a charity is priceless, the value of your time is not tax deductible on your tax return. That may not seem fair, but it is...

The end of the year is a good time to evaluate your tax obligations so there are no surprises come filing time. Check out these top ten year end tax planning tips for what to keep in mind as you review your finances. Check on Congress The most important thing you can do this year for your year end tax planning is to keep an eye on Congress to see whether lawmakers manage to extend popular tax...

It’s a common practice during the summer: After a spring cleaning, many people try to sell the household items they no longer need or want in a “garage sale” (known as a “lawn sale, “tag sale” or some other name in parts of the country). But what to do with those items that are left over at the end of the day? Instead of simply discarding them, you may be able to donate them to charity and take a...