What You Should Know If You Lose
Your Job
Deductions and BenefitsFree
In today's tough economy, practically no job is safe. At any time, you can receive a pink slip and be out of work. What does this mean for you and your family? Here are the tax implications for some aspects of losing a job . . .
Real Estate
It can be your biggest asset and liability. We'll help you maximize the tax-saving potential in your home.
Life Events
Love and taxes. The bottom line on marriage, living together, divorce, and kids.
Education
Build a college fund, reduce the cost, and determine the best borrowing options.
Retirement
How to save enough, retire at the right time, and manage your retirement spending.
Gift & Estate Taxes
Get the basics on estate planning, using trusts, and giving gifts that give back.
Investments
With our help, you can watch your assets grow as your tax bills shrink.
Risk Management & Asset Protection
Learn about the vital relationship between asset protection, risk management, and financial planning.
Substantiation Rules for Charitable Contributions
Recently released proposed regulations clarify what you must do to prove your charitable contributions. Without this substantiation, no deduction is allowed. The law requires that donations of cash, check, or other monetary gifts of any amount must have a written receipt from the charity or a bank recording showing the donation (the name of the charity, the date of the contribution, and the amount of the contribution). If the bank statement alone does not include the charity's name, then it must be accompanied by a photocopy of the check to show the charity's name. Read more.
Freelance or Small Business?
Our Self-Employment section is for you!
Forgot to file? Need to amend your return?
We've got forms and information for you.
The J.K. Lasser Donation Tracker
Track your charitable donations throughout the year with our handy charitable donation tracker.
Download the Excel template now! FREE
