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Unrestricted Charitable Contribution of Cash Form

Unrestricted Charitable Contribution of Cash Form

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[Music] hi i'm andy panko owner of tenon financial welcome to retirement planning demystified when you donate the charity you may be able to take a tax deduction for some or all the donation sometimes donations are entirely tax deductible but sometimes they're not deductible at all this video will explain everything you need to know about the deductibility of charitable donations and be sure to also watch my other video how to maximize deductions for charitable donations but before we start remember this video is only general explanations in education it's not specific tax legal or investment advice before considering acting on anything you see in this video first consult with your tax legal or investment advisor it's important to preface this discussion by saying you shouldn't give to charity if your sole intention is to try to reduce your taxes because the amount of your potential deduction will not exceed the amount of your donation in other w

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