BOOST YOUR TAX REFUND WITH CHARITABLE GIVING

Giving back to your community can also provide you a financial boost. By making charitable contributions, you are eligible for a tax benefits of donating tax deduction that may substantially reduce your overall tax liability. To optimize your tax refund through charitable giving, consider these tips: * Contribute to registered charities to ensure

receive a receipt or some sort of created acknowledgement in the charity and keep a cancelled Check out or credit card receipt. Under the legislation, Distinctive recordkeeping rules apply to any taxpayer declaring a deduction for a charitable contribution. So, a gift on to a relative or other unique will not likely qualify to get a tax deduction.