BOOST YOUR TAX REFUND WITH CHARITABLE GIVING

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

obtain a receipt or some sort of penned acknowledgement from your charity and retain a cancelled Test or bank card receipt. Under the regulation, Specific recordkeeping procedures utilize to any taxpayer declaring a deduction for just a charitable contribution. Table one of IRS Publication 526, Charitable Contributions, has examples of Whatever yo