MAXIMIZE YOUR TAX REFUND WITH CHARITABLE GIVING

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

Estate tax tactics—The federal estate tax is really a tax on the transfer of one's house at your Loss of life. In 2024 the estate and gift tax exemption is $thirteen.61M for each individual, so less estates might be issue to this tax. Time (not authorized): for those who volunteer, You can't deduct the value of your time and efforts. you can ded