Tag Archives: tax deductible

Donate Yourself a Deduction

You are able to deduct donations you made to charity if you itemize your deductions when you file your taxes. In order for your donations to be eligible for deduction, all of your contributions have to be made to qualified organizations. You can never deduct money you’ve paid to an individual. The IRS has set […]

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The Tax Value of Donations

Do you know that many donations that you give to charity are tax deductible? That’s right, you can turn your household goods that you no longer need into a tax benefit. So, as you venture into the depths of the Abyss (also known as the back of your closet), keep track of all the items […]

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