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Millions Donated by Gareth Morgan, Benevolent Kiwi
A New Zealand investment banker has donated $47 mil to charity. Gareth Morgan’s wealth comes from the sale of shares in his son’s company, Trade Me, the number one secondhand sales and classifieds site...
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Charitable Cash Donation Deductions Now Require Proof
Blueprint for Financial Prosperity scrutinized the new IRS rules about charitable donations and found an important change. Starting January 2007: “…you can only deduct cash donations if you have proof:...
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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,...
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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...
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Group Must Pay $700K Penalty For Allegedly Profiting From ‘Charity’ Donation...
How do you turn a charitable donation into a scam? Take the donated item and sell it for a profit, instead of giving it to the needy. New York Attorney General Eric Schneiderman said his office has...
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Apple Pay Will Now Let Users Donate To Charitable Organizations
As we head into the holidays, giving to charitable organizations might be something you’re thinking about. You’ll have another option for how you can do that, with Apple announcing today that Apple Pay...
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Lyft Adding Option To Let Passengers Round Up Their Fares For Charity Donations
For decades, retailers have had charity donation jars at checkout points, giving customers the option to quickly support a helpful organization with the change from their purchase. Now Lyft is looking...
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