MAXIMIZE YOUR TAX REFUND WITH CHARITABLE DONATIONS

Year-end charitable contributions can be a rewarding way to support causes you care, and they can also offer significant tax benefits. By donating to qualified nonprofits, you can potentially decrease your taxable income, leading to a heavier return. It's essential to consult a tax professional to figure out the best strategies for your position an

Donors can use it to verify that a corporation is tax-exempt and suitable to get tax-deductible charitable contributions. The law now permits electing people today to apply an increased Restrict ("Increased specific Limit"), as much as one hundred% in their AGI, for qualified contributions designed throughout calendar-calendar year 2021. Qualified