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charitable giving

Tis the Season of Giving: But Where is Your Money Going To?

In May of this year, four cancer charities (Cancer Fund of America, Inc., Concert Support Services, Inc., Children’s Cancer Fund of America, Inc., and The Breast Cancer Society of America, Inc.) were charged for “personal fiefdoms characterized by rampant nepotism, flagrant conflicts of interest, and excessive insider compensation.” According to the case, only 3 percent of the money donated by caring individuals was given to cancer patients.

Year-End Tax Tips

As reported on abcnews.com, here are some tips on savings for the upcoming tax season: Invest in a retirement fund – most tax experts suggest this because it is an easy deduction. Taxpayers may invest in an IRA account until April 15 or a 401k plan until December 31. Charitable giving – this is good […]