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There s still time to make charitable donations that could help you save when it s time to file your 2020 taxes.
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anyone making a list and checking it twice may want to add a charity. There s never been a more important year to give them 2020. And there s so many organizations in need, but you could do it and give and lower your taxes. In the process. Those tax advantages can be substantial. According to Caleb Silver of Investor PD, a IRS imposes caps on the total value of the charitable contributions that may be deductible for a taxpayer of around 50%. Sometimes it s a little bit more. Sometimes it s a little bit under, but it has to be toe a qualifying charitable organization under Section 1 70 C of the Internal Revenue Code, along with cash, Silver says it s often a good idea to donate stocks and other investment products. If you ve gotten capital gains on that stock and you ve hel