What tax advantages are gained by an individual or small business making a donation to a 501C3 non-profit organization?
Thanks
Ken
What tax advantages are gained by an individual or small business making a donation to a 501C3 non-profit organization?
Thanks
Ken
And beyond tax advantages, it helps the non profit groups, it provides medical care, clothing, housing, and food for the sick, the elderly, the poor.
Ken:
The tax advantages is that you can deduct your donation on your taxes, but ONLY IF you itemize.
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