It’s that time of year again! And 2012 may be the last year that the status quo rules for charitable deductions are in place. The fiscal cliff is all but sure to bring a bundle of higher taxes, capped or nixed deductions, etc., so enjoy re-distributing your wealth like you normally would while you still can! Below is an infographic from H&R Block, outlining the basics on charitable giving. See the IRS’ tips for deducting charitable contributions for additional information.
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