BOOST YOUR TAX REFUND WITH CHARITABLE DONATIONS

Year-end philanthropic acts can be a meaningful way to aid causes you believe in, and they can also offer significant tax advantages. By contributing to qualified nonprofits, you can potentially decrease your taxable income, leading to a larger refund. It's essential to talk to a tax advisor to figure out the best approaches for your circumstances

For aspects regarding how to apply The share limitations and a description in the recordkeeping guidelines for substantiating items to charity, see Publication 526, offered on IRS.gov. A charitable donation is a present of money or assets you make to your nonprofit Business to help you it attain its mission and targets. And those donations might