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Giving to Charity To Help Your Community

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Another year is dwindling down. It’s time to start thinking about filing our income taxes, if you haven’t already started thinking about it. Some of us may want to take advantage of the tax deduction and give some of our resources to charity.
There are many types of charity you can give to. And donations can come in the form of money or items. No matter the organization you choose to give to be cautious of whom they are. Make sure they are a legitimate organization.
If I could make a recommendation, look locally. I’m sure there are many local organizations that would benefit from your help. And that way the money will stay in your community too.
Even small charities can be 501C3 non-profits. If they are you can check up on their status with the government by looking here; http://www.irs.gov/Charities-&-Non-Profits/Exempt-Organizations-Select-C... These types of charities are tax deductible. The government has strict requirements to get a 501C3.
Don’t forget to receive a receipt for any donation you give. If you get audited by the IRS they are going to want proof of your donation. It’s a good idea to protect yourself.
A friend of mine always says she’d rather give to charity then to the government in the form of taxes. And if you give locally you are helping your community too. And you’ll feel good doing it.

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