Understanding Charitable Deduction Limits Navigating the complex rules surrounding charitable tax deductions begins with understanding the various IRS limits that apply to different types of donations. Cash contributions to public charities are…
Tag: Tax-saving strategies
How to Avoid Common Tax Mistakes for Investors
Understanding Cost Basis Reporting Errors One of the most common tax mistakes for investors involves incorrect cost basis reporting when selling securities. Many investors fail to properly track adjusted cost basis for…