Pages

Tuesday, November 12, 2019

Donating to a Charity? Ask Your CPA About Potential Tax Benefits


Donating to charity is an American tradition, especially during the holidays. If you’re a business owner, it might even be a great way to reduce your tax bill. In Nashville, there are numerous nonprofits that qualify for tax deductible donations.

With the passing of the Tax Cuts and Jobs Act of 2017, however, getting tax write offs for charitable contributions has become more complicated. Consult with a Nashville CPA to find out if tax deductible contributions make sense for your company.

Under the new law, there are a few things you need to consider. Read more from this blog post: http://bit.ly/EvanH08