Thursday, April 13, 2017

Comb Your Closet for Charity — and a Tax Deduction

Americans love to give: They deduct over $200 billion of charitable contributions a year on their tax returns, according to IRS data. Most of those contributions are in cash, but tax pros say you don’t have to give dollars to get a fat deduction. Donating household goods, food, clothing and other items can put a dent...


from NerdWallet
https://www.nerdwallet.com/blog/taxes/non-cash-charitable-donations/

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