March 15, 2010
The IRS reminds taxpayers that the rules for taking a tax deduction for donating cars to charities have changed for 2005. The American Jobs Creation Act of 2004 has altered the rules for the contribution of used motor vehicles, boats and planes after Dec. 31, 2004. Starting then, if the claimed value of the donated motor vehicle, boat or plane exceeds $500 and the item is sold by the charitable
'Survivor' winner Richard Hatch indicted on tax evasion charges
A federal grand jury Thursday indicted "Survivor" winner Richard Hatch on charges of tax evasion and using charitable donations for personal expenses.
Deutsche Bank earns $2.1 bln, helped by tax gains
Deutsche Bank said Wednesday that it will report a third-quarter net profit of around 1.4 billion euros ($2.1 billion), boosted by tax credits and positive results from all its business segments.
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