Giving back to your community can also give you a financial boost. By making charitable contributions, you could be eligible for a tax deduction that could significantly reduce your overall tax liability. To maximize your tax refund through charitable giving, explore these tips: *

According to the IRS, charitable money contributions are generally limited to 60% of the taxpayer's adjusted gross income. Table 1 of IRS Publication 526, Charitable Contributions, has examples of Whatever you can and cannot deduct. you are able to carry about any contributions you are ab