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Friday, December 13, 2013

How To Not Suck… At Charitable Giving

They say it’s better to give than to receive, but if you can also get a little something back when you give, what’s not to like? While there’s absolutely nothing wrong with tossing some cash to those bell-ringing Santas, there’s a better way to give.

You see, giving to charity is one of the easiest ways to lower your tax burden, as long as you follow the rules and do it by Dec. 31.

Here are 15 things to know to make the most of your selfish reasons for charitable donations.

1. In order to deduct a charitable contribution, you must itemize your deductions on Schedule A of your Form 1040.



Anonymous said...


Anonymous said...

poor people don't itemize. #1 N/A