The Basics of Charitable Contributions

Happy 2012 everyone and welcome to Tax On Tax Off.  For more about what the site is all about, click on our About page.

At the time of writing it is January of 2012.

Soon you are going to have to report the charitable contributions you made last year in 2011.

Whether you donated $100 or $1 million, you will have to follow certain steps with the IRS to realize the tax benefit of your generosity.

Continue reading