Generosity knows no season, but October through December are historically the months that Americans are most likely to give to their favorite charitable organizations. These months mark the traditional season of giving and receiving as well as the time that many of us begin income tax planning.
Tips to Help You Maximize Your Giving
Following are some tips to help you prepare for the end of the year and maximize your giving before the year ends.
Gather your receipts. Documentation of your giving is important to have if you plan to itemize on your taxes. Before the year comes to a close, make sure you have records of all your giving for the year. Missing something? Contact the organization to request a new copy or for assistance.
Find the best gift for you. Contact your accountant for guidance on finding a giving option that will help you reach your giving and financial goals for the year.
Be aware of due dates. To make sure your gifts qualify for 2019 tax purposes, be sure they are postmarked by or before Tuesday, December 31, 2019.
Make the Most of Your Giving
Contact Alpha Phi Foundation at firstname.lastname@example.org or 847.475.4532 if you have any questions about ways you can make a gift before the year ends. Thank you for all you do for Alpha Phi Foundation!
- Make a Gift Tax-Free With An IRA
- What You Need to Know About Beneficiary Designations
- Simple Ways to Create Your Legacy
To visit our planned giving site, click here.