charitable-donations

Report: Charity Tax Forms Expose Nearly Half A Million Social Security Numbers
According to researchers from an identity protection company, publicly available tax forms have potentially put hundreds of thousands of identities at risk, publishing 472,866 Social Security Numbers in a five-year span. Charities unnecessarily included the numbers in 990 forms, which are part of public record. More »

H&R Block Screwup Costs You $10,000

—>Last year H&R Block told the IRS that reader Tuyen made $33,000 in charitable donations. Tuyen, who earns $60,000 per year, collected a huge rebate, but when he returned to H&R Block this year, he learned that thanks to the screwup he now owes the IRS $10,000 in back taxes.  More »

Charitable Cash Donation Deductions Now Require Proof

Blueprint for Financial Prosperity scrutinized the new IRS rules about charitable donations and found an important change.  More »

Millions Donated by Gareth Morgan, Benevolent Kiwi

—>A New Zealand investment banker has donated $47 mil to charity.   More »