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The Boring Newsletter, 2/1/2026

This Year, Keep Those Donation Receipts Hi Friendos, This condo treasurer spent a big chunk of her day working on financial analysis for her building, so today you are getting a quick tax tip about a change in tax law for charitable giving. In a prior newsletter, I said it is (effectively) a myth that […]

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Why Charitable Donations Are Not Tax Deductions For Most People

(aka: explaining the Standard Deduction and Itemized Deductions in Three Easy Steps) “Everybody knows” that charitable donations are tax-deductible. “Everybody knows” that you get a tax break on your home mortgage. Everybody is mostly wrong. Here’s why: Step 1: In the U.S., it basically works like this:  Step 2: You have two options for that […]