Giving back feels good — but did you know it can also be good for your taxes ? If done right, charitable contributions can lower your tax bill  while supporting the causes you care about. It’s not just about generosity — it’s about strategy . Let’s break it down. What Counts as a Charitable Contribution? The IRS allows you to deduct donations made to qualified organizations  like: Nonprofit charities (501(c)(3) organizations) Religious organizations Educational institutions G