On the money
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
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.