Life is like a box of chocolates. A metaphor is also a figurative comparison between two things, but does not use like or as - ex. All the world's a stage. Keep in mind that a simile is a type of metaphor, so all similes are technically metaphors.
For most people, the limits on charitable contributions don't apply. Only if you contribute more than 20% of your adjusted gross income to charity is it necessary to be concerned about donation limits. If the contribution is made to a public charity, the deduction is limited to 50% of your contribution base. For example, if you have an adjusted gross income of $100,000, your deduction limit for that year is $50,000. The rules on 20% limits and 30% limits are way too complicated to delve into in this space.
âIf your return doesnât fit the IRSâs profile, the computer kicks it out, and a human being looks at it.â The average charitable contribution is $3,790 for people with adjusted gross incomes of $100,000 to $200,000 who claimed charitable donations, according to the most recent IRS statistics.. This is a gimme for the taxman, so check your numbers. Then check them again. It doesnât matter if you underpay your taxes because you added the numbers wrong, any underpayment will be due, with interest â currently 4 percent compounded daily, though it's set to decrease to 3 percent for tax year 2011.