How donating money for tax purposes can Save You Time, Stress, and Money.
"That will help you reduce your taxable income," says Ed Slott, a CPA who educates financial advisers on IRA and retirement preparing methods. You can even assert a charitable deduction, assuming you could itemize during the year you donate. in accordance with the IRS, here's how much You should have created in 2023 to become needed to file taxes