Charitable giving has always been a great way to support the cause of your choice and lower your tax burden at the same time. But in the age of COVID-19, it is more important than ever. Not just because of the charitable tax deduction that comes with a donation to charity, but also because more than ever, charitable organizations need your help.
There are a variety of different ways to give back, and the tax benefits for doing so can be considerable this year. This article from Kiplinger explains how your donation to charity this year can be a gift that keeps on giving — for everyone.
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