If you’re like me, you may be looking at ways that you can cut your 2010 tax bill right now while still doing some good. Well, donating to the Leukemia & Lymphoma Society through my fundraising account can do just that. Because LLS is a certified 501(c)(3) non-profit, you can deduct the amount that you donate from your taxable income. That means if you’re in the 30% tax bracket, a donation of $100 can save you $30 on your tax bill. Not bad! You get to help out a worthy non-profit, support me in my training, and get a tax break.
I’m no accountant so you probably want to check with the IRS but most people will qualify as long as you itemize your deductions. You can read more about Tax Deductions for Charitable Donations.
With all this good knowledge you now have and these free resources that I’ve spent hours digging up for you, what are you waiting for? I know, I know, a $100 isn’t that much so feel free to donate more and get an even bigger tax deduction. Get your 2010 tax bill reduced before it’s too late.
Thank you!
Jared
