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Are These Donations Tax Deductible?

Wednesday, December 19, 2012 - 12:24 PM
From MarketWatch:
If you’ve had a good year, you might be thinking about making some additional charitable donations between now and Dec. 31. That’s great, but if you’re counting on a federal income-tax deduction for your generosity, you’ll need to confirm that the organization you’re considering has been approved by the IRS as a tax-exempt charity eligible to receive deductible donations.  

Thanks to the ever-expanding wonders of the Internet, you can perform most of the necessary due diligence online using the IRS website.  Here’s the scoop.

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