The IRS released a special edition of tax tips on November 17, 2014, for people who want to make charitable gifts and claim tax deductions at year-end. This edition involves aspects such as qualified donee charities, forms of donations, household goods, charity acknowledgement record, year-end gifts and other special rules.

See IRS Special Edition Tax Tip 2014-23 (November 17, 2014).

Posted by Jiaqi Wang, Associate Editor, Wealth Strategies Journal.