Charitable Contributions

Charitable Contributions
Charitable Contributions

Charitable Contributions
 The IRS recently issued final regulations regarding reducing the charitable contribution under Section 170 when the taxpayer receives or expects to receive a corresponding state or local tax credit.  Unfortunately, many of our Georgia clients have for years been using these techniques to redirect money to a school or to a rural hospital.  This law would disallow a charitable deduction for these donations when the taxpayer would get a state tax credit.  Please contact your CPA here at Loggins if you have further questions about this new regulation.

Latest Tax News

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Tax Planning

Tax Planning 2021

The 2022 GA DOL Rates have posted to the portal.  Please log into your portal to print your letter and see your new rate for

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