Archive - December 15, 2015

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Maximizing Your Charitable Contributions

Maximizing Your Charitable Contributions

Tis the season to give…not only gifts to loved ones but donations to charity. Over the holidays, we heard at least one discussion about whether or not one should give when an organization calls you on the phone. Finance expert Jean Chatzky provided some insight about maximizing your charitable contributions in a Today.com quiz aimed at readers for Giving Tuesday (the Tuesday after Thanksgiving, Black Friday, and Cyber Monday).

Taking Donations Off Your Taxes: All donations are not tax deductible. You have to donate to a registered 501(c)3. You also have to itemize your taxes and depending on how …

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