November 8, 2009 12:00 am

Tax Strategies for Charitable Giving

If you’re so inclined and can afford to share your wealth, the tax law will reward you. Due to the recession, many charities are reporting that giving is down and your contributions are needed now more than ever.

Be an Itemizer

You can’t benefit

advertisement
Tax Glossary

Marital deduction

An estate tax and gift tax deduction for assets passing to a spouse. It allows estate and gift transfers completely free of tax.

More terms