While we believe that your primary motivation to donate to charity should be altruism, we also think you should know that great tax benefits exist for those who give. Here are some of the benefits you should know about.
- A gift to a qualified charitable organization may entitle you to a charitable contribution deduction against your income tax if you itemize deductions.
- There are limits to how much you can deduct, but they’re very high ask your accountant or tax lawyer the limits that apply to your income.
- Remember to document – The Susan Fund will send you a receipt to use for your taxes.
So many ways to donate and help so many well deserved children.
Memorial Gifts G