The Internal Revenue Service reminds taxpayers looking to
maximize their tax savings before the end of the year to consider charitable
giving. Many taxpayers may already be planning to do so for Giving Tuesday on
November 28. Giving money or goods to a tax-exempt charity before December 31 can
usually be deducted on that year’s federal income tax return.
- Donating to disaster recovery efforts or a
local shelter?
- Want to know the special rules to
get a tax deduction from donating cars, boats and other property?
- Cash
or non-cash year-end gifts to charity? What to know for a tax deduction on
your IRS return.
- IRA owners over age 70½ - want to
know about a different way to give?
- Hoping
for a tax-deduction for your Giving Tuesday donation? Itemize or eFile
your return
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