The end of the year brings joy to many, often in the form of tax deductible charitable contributions. Your small business may make the season brighter through contributions to organizations such as Christmas in St. Louis, Ronald McDonald House, Salvation Army, Toys for Tots, United Way, and many more; while realizing the good feeling in your heart also lifts your bottom line.
Have you waited until the end of the year to make a charitable donation? You are not alone. A third of all online giving occurs in December, and 22% of annual giving happens in the last two days of the year. The important thing is to help others, especially during the season of giving. Help given through your small business will also ensure good feelings and returning customers through next year as your doors remain as open as your arms.
Access to tax filing information is available through many organizations including the Internal Revenue Service (IRS), the Small Business Administration (SBA), and your local Small Business Development Center (SBDC).
Happy holidays!