Week 4 Blog

Week 4 was the first week for me where I was worried about my lack of knowledge. Even going into the first week I knew generally what Main Street did and what philanthropy was as a whole. However, I have had absolutely zero experience with tax returns and taxes. My only job I’ve had payed in very small amounts and was paid in cash, so I never filed a tax return. Looking at the tax return also reminded me a very important fact, Charities, despite seeming different are in some ways very similar to a business in the way they need to conduct themselves in order to help others. It was also very interesting in learning about the different tax laws and codes that exist in America. I found it a very valuable week, not only in exploring US tax laws but also getting insight in how Charities conduct themselves financially.

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