Charitable giving: How to maximize your donations

Charitable giving: How to maximize your donations

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“We know that most people who donate to charitable nonprofits do so because they believe in the mission of the organization and not for a tax deduction,” said Rick Cohen, Chief Communications Officer for National Council of Nonprofits. “But a lot of research has shown that while people will still give, they will give less without access to the tax incentive. This has been proven when different states have experimented with taking away or limiting deductions on state taxes for charitable contributions.”

Source Name: 
Bankrate
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