Last year at this time I wrote an article about tax deadlines and the penalties for not filing or not paying on time. This year I want to talk in detail about one of our most innovative and useful strategies that can help clients to save on their taxes.
This strategy is leveraging charitable deductions. Most everyone is familiar with the idea of taking a tax deduction for cash donations to charitable organizations. A common example is money donated to your church, school, or favorite non-profit