Giving back to your community may also provide you a financial boost. By making charitable contributions, you are eligible for a tax deduction that could materially reduce your overall tax liability. To maximize your tax refund through charitable giving, research these tips: * Contribute to registered charities to ensure your cont… Read More

You can't “double dip” with QCDs, even so: the quantity excluded from income for a QCD cannot be claimed being an itemized deduction. Charitable remainder trusts. A charitable remainder have faith in (CRT) turns your property into partial income As you’re still alive then gives whatever is still left in excess of to charity at your Loss … Read More