AMPLIFY YOUR TAX REFUND WITH CHARITABLE GIVING

Giving back to your community could also provide you a financial boost. By making charitable contributions, you are eligible for a tax deduction that may materially reduce your overall tax liability. To maximize your tax refund through charitable giving, consider these tips: * Give to registered charities to ensure your contribution is eligible fo

in accordance with the IRS, charitable hard cash contributions are usually restricted to 60% of a taxpayer's altered gross income. Table 1 of IRS Publication 526, Charitable Contributions, has samples of Everything you can and cannot deduct. you'll be able to carry above any contributions you could’t deduct for the current 12 months mainly becau