Come tax time, you’ll need to be able to prove your contributions to be able to write them off. It’s critical to keep each ...

One way to do this is through tax deductions ... This could include a receipt from the charity, your credit card or bank statement or any canceled checks relating to the donation.

Cash gifts aren’t the only kind of tax-deductible donation. Any property donated ... that you keep canceled checks or other records. A receipt or any written communication from the charity ...

“You’re getting a donation receipt and you’re paying no tax on those gains.” He said that donating stocks or mutual funds directly to a charity has additional benefits compared with cash or credit ...