MAXIMIZE YOUR TAX SAVINGS WITH CHARITABLE DONATIONS

Looking to minimize your tax burden this year? Donating to non-profit causes can be a excellent way to give back. Not only will you be making a difference, but you may also qualify for valuable tax benefits. A variety of charitable organizations are available, so finding one that aligns with your values is simple. To begin, make sure the organiza

For specifics on how to implement The share restrictions and a description of the recordkeeping rules for substantiating gifts to charity, see Publication 526, readily available on IRS.gov. Ordinarily, folks who decide to go ahead and take standard deduction are not able to declare a deduction for their charitable contributions. Impact on your cr