End of the year charitable donations – don’t wait til the last minute

Yes, in a few days, it will be Christmas, and then a week later, Happy New Year.

In the hustle and bustle of this holiday season, don’t wait to the last-minute to make a charitable donations – particularly if you are writing a check.  I believe the rule for a check is the date it is cashed, not the date it is written, determines whether the charitable contribution is for the present year or the new year (but maybe I have it backwards).

To avoid this potential pitfall, make those end of the year donations by credit card, debit card or PayPal.  You want a receipt (e-mail confirmation) declaring the charity received the donation in 2012.

Now, I need to select the charities for my end of the year donation 🙂

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