Feeling Generous at Year End? Strategies for Donating to Charity or Gifting to Loved Ones
As the holidays approach, many people plan to donate to their favorite charities or give money or assets to loved ones. Here are the basic tax rules involved in these transactions. Donating to charity Normally, if you take the standard deduction and don’t itemize, you can’t claim a deduction for charitable contributions. But for 2021 […]
