MAXIMIZE YOUR TAX SAVINGS THROUGH CHARITABLE DONATIONS

Giving back to your community is a rewarding experience. Also, strategic charitable donations can provide significant tax advantages. By understanding the regulations surrounding charitable deductions, you can optimize your tax savings while supporting causes that are important to you. Investigate working with a financial advisor to develop a plan

glance into the IRS first to make sure you get exact answers to all of your thoughts, such as the charitable tax deduction.  A strategy referred to as ‘bunching’ can help ensure some donors don’t miss out over a meaningful tax deduction for his or her charitable endeavors. Bunching, or clumping, donations would necessarily mean instead of c