The window of opportunity for many tax-saving moves closes on December 31, so it’s important to evaluate your tax situation now, while there’s still time to affect your bottom line for the 2019 tax year.
Year-End Charitable Giving
With the holiday season upon us and the end of the year approaching, we pause to give thanks for our blessings and the people in our lives. It is also a time when charitable giving often comes to mind. The
Claiming a Tax Deduction for Your Charitable Contributions
If you plan to claim a federal income tax deduction for qualifying charitable contributions, it’s important to keep good records of your gifts. Basically, your records should include the following information: charity to whom the gift was made the amount