Looking to reduce your tax burden this year? Donating to non-profit causes can be a great way to contribute. Not only will you be helping others, but you may also receive valuable tax deductions. Several charitable organizations are available, so finding one that supports your values is simple. Fi

For specifics on how to utilize The proportion restrictions and an outline with the recordkeeping regulations for substantiating gifts to charity, see Publication 526, out there on IRS.gov. frequently, itemizers can deduct twenty% to 60% of their modified gross income for charitable donations. the