MAXIMIZE YOUR TAX SAVINGS WITH CHARITABLE DONATIONS

Looking to reduce your tax burden this year? Donating to worthy causes can be a excellent way to help. Not only will you be improving lives, but you may also receive valuable tax deductions. Several charitable organizations are available, so finding one that matches your values is straightforward. Initially, make sure the organization you choose

usually, contributions to charitable corporations can be deducted approximately fifty per cent of modified gross income computed without having regard to Web running loss carrybacks.  Contributions to certain non-public foundations, veterans corporations, fraternal societies, and cemetery businesses are limited to thirty per cent altered gross