Savvy End-of-Year Tax Tips

The end of the year is fast approaching, and you may be wondering what you can do between now and New Year’s Eve to save yourself some money come April 15th. Here are some tips on ways you can keep more of your hard-earned money.

Donate to Charity.

Any money you donate between now and the end of the year is tax-deductible, provided that you itemize deductions. Turbo Tax has a tool to help assign values to non-cash donations like clothes. Remember that if you donate more than $250 you will need a written acknowledgement from the charity … Read the rest