In July 2013, we attended a seminar put on by Blue Cross/Blue Shield of Vermont for small employers. Even so close to implementation deadlines, the answer to many of the questions remained “we don’t know yet”. As we near the first open enrollment period, we’ve compiled a list of resources to help you stay informed.
Getting The Most Out Of Your Charitable Contribution Deduction
Every year, clients ask “How can I lower my tax liability?” One of the best ways is by taking advantage of something you’re already doing: charitable contributions.
First, make sure your charitable contributions are actually deductible. This can be done by checking with your tax advisor or by finding Schedule A attached to your tax return. Then, consider these tips...