Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $25,807
31%  
Woo hoo!! And we're now over 31%!! Thank you all very much!! God bless.

Keyword: charitydonation

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  • Explainer: More U.S. states eye donations to evade Trump tax changes

    01/24/2018 3:29:31 PM PST · by C19fan · 35 replies
    Reuters ^ | January 24, 2018 | Karen Pierog
    Legislation that first surfaced in California to give taxpayers a way to avoid the new cap on state and local tax (SALT) deductions by making charitable donations has popped up in four more states so far, with others reviewing alternative methods. Changes to the U.S. tax system signed into law by President Donald Trump in December have sparked a furious search in states with high income and property taxes for loopholes to help residents replicate the benefits taken away by the $10,000 cap on federal SALT deductions.