| Maximize Your Charity Deduction to Increase the Impact Before This Year's Tax Deadline NBC News | |
| go to original December 25, 2013 |
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This month is your last chance to make charitable donations for 2013. So in between the holiday parties and cookie swaps, consider pulling out your checkbook one more time for your favorite cause.
You'll have plenty of company. Most charities report receiving about 40 percent of all their donations in December, according to a Charity Navigator poll.
Charitable giving is always ennobling, but this year there are also ways to make it as effective as possible. If you maximize your charity tax deduction, you can give more, and if you embrace novel ways of working with a charity, your generosity can also have more impact.
Investors have several options this year for taking full advantage of the tax breaks for charitable donations.
Read the rest at NBC News
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