Year-End Tax Planning: Charitable Strategies That Save You Tax Dollars

Several tax-saving strategies exist that not only help you support your favorite qualified charity but also reduce your tax liability to Uncle Sam. Most people are well aware of giving cash or check, but there are two not-so-well-known high-powered, tax-saving charitable giving strategies that provide extra bang for the buck. Prior to year-end, consider making a gift to your favorite qualified charity using one of these two strategies.