Looking to reduce your tax burden this year? Donating to charitable causes can be a excellent way to contribute. Not only will you be helping others, but you may also qualify for valuable tax benefits. A variety of charitable organizations are available, so finding one that aligns with your value

“The federal government incorporates a 5-calendar year lookback for money offered far from the date you apply for benefits,” Simasko warns. in case you later invest down your assets to buy a nursing home and after that want assistance from Medicaid, your donation will postpone your eligibility.