Was Credit Card Interest Tax Deductible Before 1986?
Yes. Before the Tax Reform Act of 1986, credit card interest was fully tax deductible as personal interest.
5 min read
Are Silent Auction Items Tax Deductible? Donor & Bidder
Silent auction items and tax deductions follow a specific IRS framework that most bidders and donors get wrong.
5 min read
What's Actually Tax Deductible at a Charity Golf Tournament
Charity golf tournaments generate hundreds of millions of dollars annually for nonprofits, according to the National Golf Foundation, but most participants claim far less than they're entitled to, or claim amounts the IRS won't support. The deductibility rules are specific, the documentation requir
5 min read
Is Concierge Medicine Tax Deductible? IRS Rules Explained
The short answer: sometimes, partially, and almost never through Schedule A if you earn what this audience earns.
5 min read
Are Museum Memberships Tax Deductible?
Museum memberships and tax deductions intersect in a way that most retail tax guides get wrong.
5 min read
How Far Private Foundation Donation Deductions Actually Go
Yes, private foundation donations are generally tax-deductible under IRC Section 170, but the deduction limits are materially lower than what you get with public charities or donor-advised funds.
5 min read
Are 529 Contributions Tax Deductible in New Jersey?
No. New Jersey offers zero state income tax deduction for 529 contributions, including contributions to its own NJBEST plan.
5 min read