The vast majority of Americans no longer get tax breaks for charitable contributions, but that’s no reason to stop giving. In fact, you might take this opportunity to broaden your ideas about what constitutes a charitable gift. To make your contributions count while maximizing your tax benefit, consider ways to adjust your approach. Review donor-advised …
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The investment information provided on this page is for educational purposes only. NerdWallet does not provide advisory or brokerage services, and does not recommend or advise investors to buy or sell particular stocks, securities or other investments. Most people no longer get a tax deduction when donating to charity. This shouldn’t stop you from donating, …
How to make the most of the new rules for charitable donations Read More »
Most people no longer get a tax deduction when donating to charity. This shouldn’t stop you from donating, but you may want to change your approach. Generally, only taxpayers who itemize deductions can write off charitable contributions. The vast majority of taxpayers take the standard deduction instead, which was nearly doubled by the Tax Cuts …
Liz Weston: Make the most of the new charitable giving rules Read More »
Most people no longer get a tax deduction when donating to charity. This shouldn’t stop you from donating, but you may want to change your approach. Generally, only taxpayers who itemize deductions can write off charitable contributions. The vast majority of taxpayers take the standard deduction instead, which was nearly doubled by the Tax Cuts …
Liz Weston: Make the most of the new charitable giving rules Read More »
At LIZ WESTON or NerdWallet Most people no longer get a tax deduction when donating to charity. This shouldn’t stop you from donating, but you may want to change your approach. Generally, only taxpayers who itemize deductions can write off charitable contributions. The vast majority of taxpayers take the standard deduction instead, which was nearly …
Liz Weston: Make the most of the new charitable giving rules Read More »
