MAXIMIZE YOUR TAX REFUND WITH CHARITABLE DONATIONS

Planning your taxes and looking for ways to minimize your tax liability? Donating to non-profit organizations is a fantastic way to give back and potentially amplify your return. By making a deductible contribution, you can claim a deduction on your tax return, putting more money back in your funds. Consider the different types of charitable organi

For specifics on how to implement the percentage boundaries and an outline in the recordkeeping principles for substantiating gifts to charity, see Publication 526, out there on IRS.gov. Enter your noncash contributions to 50% limit companies other than cash acquire house you deducted at FMV. you should definitely incorporate contributions of cash