Donations made to qualified organizations may help reduce the amount of tax you pay. But in order to actually be able to claim the deduction on your tax return certain factors must be present. In a timely reminder to donors the IRS recently published this list of eight key things to keep in mind when claiming a charitable deduction.
- If your goal is a legitimate tax deduction, then you must be giving to a "qualified" organization. Also, you cannot deduct contributions made to specific (read more)
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