MAXIMIZE YOUR TAX SAVINGS WITH CHARITABLE DONATIONS

Looking to minimize your tax burden this year? Donating to worthy causes can be a great way to help. Not only will you be improving lives, but you may also qualify for valuable tax breaks. Many charitable organizations are available, so finding one that aligns with your values is easy. Initially, make sure the organization you choose is a registe

In general, contributions to charitable corporations could be deducted as much as fifty p.c of modified gross income computed devoid of regard to net operating loss carrybacks.  Contributions to specified non-public foundations, veterans businesses, fraternal societies, Guide and cemetery businesses are restricted to thirty % modified gross inc