MAXIMIZE YOUR TAX REFUND WITH CHARITABLE GIVING

Giving back to your community can also deliver you a financial boost. By making charitable contributions, you might eligible for a tax deduction that could 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 tax-deduc

According to the IRS, charitable funds contributions are typically limited to 60% of a taxpayer's modified gross income. However, by stacking these items into just one calendar year, they will be above the edge to itemize deductions in that yr and will continue to take the conventional deduction in tax saving for donation the next two several year