Looking to reduce your tax burden this year? Donating to charitable causes can be a great way to contribute. Not only will you be making a difference, but you may also qualify for valuable tax deductions. A variety of charitable organizations are accessible, so finding one that supports your values is easy. To begin, make sure the organization yo… Read More

The grantor gets a tax deduction with the present value of the income stream donated to charity, and will take out remarkably appreciated property in the estate and transfer belongings to heirs with no gift or estate tax penalties. A charitable donation is a gift of money or products into a tax-exempt Firm which can decrease your taxable income. … Read More