MARK KOHLERMain Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, Main Street Professionals, LLC · Owner at Main Street Professionals, LLC

The 12th Tax Day of Christmas: Charitable Contributions

30 Dec 2019 · 1 min

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This content was created by MARK KOHLER. This content was uploaded by MARK KOHLER. This is a YouTube clip titled "The 12th Tax Day of Christmas: Charitable Contributions" (created 2019-12-30) featuring MARK KOHLER giving end-of-year tax advice about charitable giving. He explains donation methods (credit card gifts, non-cash contributions like donations to Salvation Army), emphasizes the December 31 deadline to claim tax deductions, and directs viewers to a longer article with strategies to implement before year-end.

Chapters

On the 12th day of Christmas, the climax of the entire 12 tax days. And I think it's the best of the 12 tax days of Christmas and that is doing some charitable giving. Of course the deadlines December 31st. If you don't give it by December 31st, you don't get the write off now. Believe it or not, you can actually give money through a credit card. Even though you may not pay the bill until January. You may do a non cash contribution, maybe drop some stuff off at Salvation Army. You may be doing some different things to get that write off and that's okay. That's good. Look at the options below. I've written a great article on all of your charitable donation strategies and you want to implement these before December 31st. So you can get the write off now. And also maybe it'll make the holidays a little more cheery and you'll feel better about life and yourself. Remember, when you give to someone else, it always comes back tenfold. So look at that 12th day. Do a little donation before year end and make sure it's on your tax return.