November 26, 2024
Giving Tuesday: Your Tax Deduction & How to Donate Smart
Giving Tuesday, December 3rd, encourages people to donate to charities after the Black Friday/Cyber Monday shopping spree. Donating may offer a tax deduction, though this benefit is primarily for those with higher incomes who itemize deductions. The article also provides ways to participate in Giving Tuesday without spending money, such as volunteering or donating used goods, and offers resources for earning extra income to facilitate charitable giving.
