MAXIMIZE YOUR GIVING, MINIMIZE YOUR TAXES

When giving to charitable causes, you can strategically lower your tax liability while making a positive impact. Speak with a qualified CPA to understand the various tax deductions available for your generous contributions. Careful structuring of your charitable giving can substantially lower your tax burden, allowing you to maximize your impact.

In the event the Resources charity sells the vehicle at a substantial low cost into a needy unique, or keeps the vehicle for its personal use, then you can assert a deduction for your automobile’s truthful market benefit. If a deduction has long been permitted less than part 80GGA, such expenditures shall not be deductible under any other provis