LOOKING FOR WAYS TO SAVE TAXES BEFORE THE END OF THE YEAR? DONATE TO A CHARITABLE CAUSE
The holidays, as well as throughout the year, are a time to think about others, and many people choose to donate money or tangible goods to charity. Taxpayers who itemize deductions can claim one when donating to a qualified organization, such as a nonprofit 501(c)(3). Deductions are generally based on the fair market value of the donated item, which may not be the same as the original cost. When you make a donation to the Inspiring HANDS Awards Program, benefiting individuals of all ages with special needs, your donation qualifies for full tax exemption.
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