MAXIMIZE YOUR CHARITABLE IMPACT & TAX BENEFITS

Looking to minimize your tax burden while also making a positive impact on the world? Donating to non-profit organizations is a powerful way to achieve both goals. By understanding the tax benefits associated with charitable giving, you can maximize your overall impact. One key benefit is the ability to deduct donations from your taxable income. T

generally speaking, contributions to charitable corporations might be deducted approximately fifty p.c of modified gross income computed with no regard to net operating reduction carrybacks.  Contributions to specific personal foundations, veterans organizations, fraternal societies, and cemetery businesses are restricted to thirty % modified g