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Kenneth Athon Tax Strategies

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Tag: charitable

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Donate Your House to a Private Foundation, Get a Tax Break While You Continue to Live There Indefinitely.

1 Aug 2023
The headline above is not my general advice. But it happens, and sometimes in egregious ways. "For the ultrawealthy, donating valuables like artwork, real estate and stocks to their own…
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Elon Musk’s Schedule A and the “Biggest Tax Bill in History”

16 Feb 2022
Schedule A is used to Itemize Deductions, such as major medical expenses, taxes paid, mortgage interest and charitable donations. ------------------------------------------------------- (Excerpt from Yahoo Finance) The world’s richest man donated more…

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