Six tips for making year-end gifts to charity

SAN DIEGO COUNTY – Many people give to charity each year during the holiday season. Remember, if the desire is to claim a tax deduction for a charitable gift, deductions must be itemized. There are several tax rules that one should know before making a gift. Here are six tips from the IRS to keep in mind:

Qualified charities

The only gifts that can be deducted are ones made to qualified charities. Use the IRS ‘Select Check’ tool to see if a group is qualified. Remember that it is possible to deduct donations to churches, synagogues, temples, mosques, and government agencies. This is true...