Lower Your Tax With Some Charity

Here's some light reading on what you could do with your next tax return if you've been a nice person and givin to charity. Some new laws have been past after hurricane katrina to help gift givers benefit more at tax time.

If you haven't giving any donations out in the new year you should get into a bit of philanthropy and maybe get some tax cuts at the same time!

Charitable gifts pay off for nonprofits and the donor
"For the second consecutive year, many taxpayers will find their philanthropic gifts larger than normal. Natural disasters in 2004 and 2005 prompted an outpouring of donations. Subsequent tax law revisions could mean added deductions for these filers".

Yahoo Finance
# Tax News