MAXIMIZE YOUR TAX SAVINGS WITH CHARITABLE DONATIONS

Looking to lower your tax burden this year? Donating to worthy causes can be a great way to contribute. Not only will you be making a difference, but you may also qualify for valuable tax breaks. Several charitable organizations are available, so finding one that aligns with your values is easy. First, make sure the organization you choose is a r

generally, contributions to charitable corporations might be deducted nearly 50 per cent of adjusted gross income computed with out regard to net functioning reduction carrybacks.  Contributions to selected non-public foundations, veterans organizations, fraternal societies, and cemetery organizations are limited to thirty percent adjusted gros