Charitable donations aren't just a generous act; they can also be a strategic way to minimize your tax burden. By giving to eligible organizations, you can claim credits on your federal returns, potentially lowering a significant amount of money. To optimize your tax benefits from charitable giving, explore these tips: * Strategize your donations

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history holding people today can deduct contributions only inside the year through which they donate. this is applicable whether or not the taxpayers make use of the cash or accrual means of accounting. individuals who declare deductions in your charitable contributions ought to document each donation. Although in recent years the tax code allowed