Looking to lower your tax burden this year? Donating to non-profit causes can be a fantastic way to give back. Not only will you be improving lives, but you may also qualify for valuable tax breaks. Many charitable organizations are out there, so finding one that aligns with your values is easy. To begin, make sure the organization you choose is

Nor do hard cash contributions to private foundations and most cash contributions to charitable remainder trusts The IRS employs honest industry value (FMV) to determine the quantity you can deduct for almost all donated products. Itemizing is frequently only worth your although In case your total qualifying itemized deductions exceed the regular