Also known as Cardiac Catheter Ablation Catheter ablation is a procedure that uses energy to make small scars in your heart tissue to prevent abnormal electrical signals from moving through your heart.
However, for any tax year, all current-year contributions are deducted first. The second 50% limitation refers to gifts (other than capital gain property) to certain types of charitable organizations (50% charities) that are considered first in computing the overall 50% limit.
Charitable contributions can qualify as tax deductions against your businessâ annual tax liability. However, the IRS tax code is complex and itâs important to note that not all contributions can be considered legitimate deductions.