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You donate land to your town for so long as town takes advantage of it for the community park. town designs to make use of the land for a park, and there is no likelihood (or just a negligible opportunity) with the land being used for any distinct purpose. You can deduct your charitable contribution while in the yr you make the contribution. Chari
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given that 2017 tax reforms, the quantity of folks who itemize has dropped drastically, earning the charitable tax deduction all the more useful to individuals that qualify. "By donating appreciated securities held for more than one yr, a taxpayer is donating up to 20% more than if that they had offered the safety and created a Check out," he stat