Year-end charitable gift strategies that give a tax deduction in return

By Marcia Campbell

As we approach the end of 2018, you might be thinking about making gifts to charities that support causes important to you.

The contributions might be for philanthropic purposes or for tax deductibility.

Here are some charitable strategies you might consider for your own situation.

CASH

Cash donations are easy to make and are usually fully deductible. A receipt or record is required for EVERY donation. Contemporaneous written acknowledgment, or  a donor acknowledgment letter from the charity is required if it’s over $250.

Instead of making all of your contributions at the end of the year, think about changing that pattern to donations during [READ MORE HERE]

Source: OC Register

Aggregated News

Aggregated news from around the world, brought to you in a single source for convenience. These snippets of news include a link to the full article. Please peruse our other editorial and original content, as well. 

Leave a Reply

  Subscribe  
Notify of