MAXIMIZE YOUR TAX SAVINGS WITH CHARITABLE DONATIONS

Looking to minimize your tax burden this year? Donating to charitable causes can be a great way to help. Not only will you be improving lives, but you may also receive valuable tax deductions. Several charitable organizations are accessible, so finding one that aligns with your values is easy. First, make sure the organization you choose is a reg

usually, contributions to charitable businesses can be deducted up to 50 p.c of modified gross income computed with no regard to net operating reduction carrybacks.  Contributions to specific private foundations, veterans businesses, fraternal societies, and cemetery businesses are limited to thirty p.c adjusted gross income (computed without r