MAXIMIZE YOUR TAX REFUND WITH CHARITABLE GIVING

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

Charitable contributions are commonly tax deductible, though there is often limitations and exceptions. Editorial Observe: We make a commission from companion inbound links on Forbes Advisor. Commissions tend not to have an impact on our editors' opinions or evaluations. Getty offering to charity is often life-affirming—and as a reward, it may a