MAXIMIZE YOUR TAX SAVINGS WITH CHARITABLE DONATIONS

Looking to minimize your tax burden this year? Donating to worthy causes can be a excellent way to help. Not only will you be making a difference, but you may also qualify for valuable tax deductions. A variety of charitable organizations are available, so finding one that matches your values is straightforward. First, make sure the organization

For aspects on how to apply The share restrictions and a description on the recordkeeping regulations for substantiating items to charity, see Publication 526, out there on IRS.gov. If you get a donation, it would be subject matter to your federal gift tax, but you will not have to fork out that tax. The donor pays the reward tax, not the receiver