|
|
|
The Daily Ardmoreite
  • Give Back, Reduce Your Tax Burden

    • email print
  • Regardless of whether you’re donating to your favorite charity or giving to a new organization this year, the Oklahoma Society of Certified Public Accountants recommends following this tip to ensure everyone benefits from your donation:
     
    Know your limits. There are limits on the amount of charitable contributions you can deduct. The specific limitations can be fairly complicated, so consult your CPA if you contribute more than 20 percent of your adjusted gross income.
      • calendar