Tax Tip#1. If you give to charities, make sure they are 501(c)3 charities, so your donations will be tax deductible. If they are 501(c)3 charities, they will usually send you a letter or receipt stating their status and the amount you gave with each donation. Keep all these in a file marked Donations or Charitable Contributions, and at the end of the year, they’ll be handy and easy to add up!
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