All You Need to Know About Charitable Donations

All You Need to Know About Charitable Donations

We all love to support our favorite charities throughout the year. Donating to charity is a great way to give back to our communities, and receiving a tax break for doing so is a welcome bonus. What you donate and the manner in which your donations are made impact how the IRS treats your charitable donation. We’ve put together a guide to tell you all you need to know about making charitable donations and when donating to a charity qualifies you for a tax break. When can I deduct my charitable contributions? You must itemize your deductions in order to…
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