It’s the season of giving! Did you know your charitable donations can decrease your total taxable income, meaning you’ll pay less in taxes or get more in your tax return? Here’s just about everything you need to know about using charity to your financial benefit.

Understanding how progressive taxation and tax brackets work isn't just academic; it impacts your real-world finances. Knowing your tax bracket can help you make informed decisions, like how much to withhold from your paycheck, or how to strategically plan deductions and credits.