Tax Attorneys Â» Illinois Â» Decatur. Decatur, Illinois Tax Attorneys. Find the Right Lawyer Now. The government of Decatur, Illinois collects taxes from its residents in order to pay for general public services, like police and fire departments, libraries, hospitals, and public transit. In Decatur, Illinois, taxes are derived from different sources.
Can I donate stock to charity? Giving stock, instead of cash, as a donation can greatly benefit both parties. You will find that most charities, hospitals, schools and other nonprofit organizations will accept stock as a gift or donation. If the stock has increased in value from the time of purchase, the owner can avoid paying the capital gains tax by donating the security to another party.
There are many myths on the benefits of investing in these stocks. Here are some of the most common ones: Myth No. 1: Dividends hold up in bad markets. There is a perception that dividend-paying stocks will hold up better when the market declines. If that were the case, you would think the stock of General Electric, a member of the Dow Jones Industrial Average, would help prove that point. GE paid a quarterly dividend of $0.31 per share in 2008.