If your heart and your wallet have
different ideas about making monetary donations, it is time to summon your
inner regifter. An unwanted gift could be a welcome donation to a
charitable organization. For help selecting a charitable organization, visit
the Better Business
Bureaus’ Wise Giving Alliance.
You can also contact the government office responsible for registering
charities in your state. A little research upfront will make sure that your
donation is put to good use. If the process of selecting a charity seems
daunting, remember, you benefit from giving as well. Involving your children in
the selection of and contribution to a charity teaches valuable lessons.
You have an opportunity to make a
difference.
Some charitable gifts are
tax-deductible if made to a qualified organization. But be sure your
organization meets IRS guidelines, as there may be different tax breaks when
you donate certain types of assets to charity.
No comments:
Post a Comment