As the year draws to a close, you should consider your year-end tax planning. One strategy to help you with this is charitable donations. Not only is December a critical time for many nonprofits to meet their financial goals, but smart planning now could yield significant tax benefits come the end of the year. With so many […]
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Charitable Gifting
WHAT CONSTITUTES A GIFT TO CHARITY? A gift to charity is simply a gratuitous transfer of property to a charitable organization. The key is that your gift must be some kind of property — your time or personal services do not count. There are several different types of property that can be donated to charity, […]