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Archive for Monday, December 23, 2002

On the money

December 23, 2002

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What is one of the most suggested year-end tax tips? Give some money away.

Charitable contributions offer a double benefit. Your contribution not only helps a charity, but also provides a significant deduction for an individual (or organization) tax bill for the year.

If you'd like to learn more about saving with Uncle Sam by giving to charity, check out one of these Web sites:

¢ Bankrate.com

www.bankrate.com/brm/itax/news/20011130a.asp

It contains a special report on how to maximize tax-deductible contributions.

¢ BBB Wise Giving Alliance

www.give.org/tips/index.asp

The site provides information on charities and tax deductions.

¢ H&R Block

www.hrblock.com/taxes/planning/eoy/charity.html

It contains brief points to consider when giving to charity for tax purposes.

¢ Network for Good

www.networkforgood.org/donate/taxtips.html

The site covers tax topics related to charitable giving.

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