Charitable Giving: Doing Your Due Diligence
Submitted by Sims Investment Management, LLC on March 31st, 2022Donating to charities is a win-win when filing taxes. You get to help a cause you care about and can claim dedications on cash contributions. But what happens when the charity you’ve given to is fraudulent? You’ve now donated to a false entity, haven’t helped the cause, and cannot write it off on your taxes.