Charitable Contributions: Tax Considerations

Charitable Contributions: Tax Considerations

The end of the year is a great time to consider making a charitable contribution in support of the causes you care about. Here are some tax considerations to keep in mind when making your donations. Timing of Charitable Contributions Charitable contributions are...
What you can deduct when volunteering

What you can deduct when volunteering

Because donations to charity of cash or property generally are tax deductible (if you itemize), it only seems logical that the donation of something even more valuable to you—your time—would also be deductible. Unfortunately, that’s not the case. Donations of time or...