Generally speaking, Americans are a generous lot. According to Giving USA, gifts to U.S. charities amounted to $390.05 billion in 2016. Perhaps one motivation for being generous is that qualified charitable contributions are deductible on your taxes. Frequently, December is a particularly active month for donations because only donations made during the tax year are deductible…

Tax Deductions for Charitable Contributions & Donations is a post from Money Crashers.

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