It’s the most wonderful time of the year! This is the perfect time to donate to The Memorial Foundation. Not only will you feel good when you give to others, but you can also get some incredible tax breaks. When you give a gift to the Foundation, you can take a deduction against your income tax.
When you donate, you will always get a receipt and document what you donated. The IRS will want to see details and proof of your contribution, so be sure to save those receipts and thank you letters!
Giving to charity is a wonderful way to serve those in need. It doesn’t hurt that you can also help yourself when it comes to tax time as well. Take a look around your house, do a little balancing of the household budget, and see what you can come up with to donate. You won’t regret it.