MAXIMIZE YOUR TAX REFUND WITH CHARITABLE GIVING

Giving back to your community can also give you a financial boost. By making charitable contributions, you are eligible for a tax deduction that can substantially reduce your overall tax liability. To optimize your tax refund through charitable giving, research these tips: * Give to registered charities to ensure your contribution is tax-deductibl

better still, it’s very easy to report when submitting sort 1040 in 2022 electronically. The deduction lowers both altered gross income and taxable income – translating into tax savings for the people building donations to qualifying tax-exempt businesses.  offer a charitable deduction for taxpayers – irrespective of whether the individual