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How Do You Donate Money To Charity?

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How Do You Donate Money To Charity?

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Donating money or property is a good way to help a needy organization and get a tax write-off as well. Determine how much you want to donate annually. Meet with an accountant or tax preparer to identify an appropriate amount for your personal financial situation. Decide whether you want to donate to just one charity or to multiple charities. Contact the charities and ask them to provide you with information about the donation process. Determine, with your accountant or tax preparer, the optimal time to donate the money or property. Give your donation. Ask for a receipt that details your donation. Keep records of the value of any property you donate.

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