Jen has a habit of making donations to charitable organizations in honor of her friends when she has a gift to give – whether it be a birthday, wedding or other special occasion. Most of her group of friends loves this idea, but it doesn’t sit so well with her friend Anne. Anne thinks it is actually sort of cheap that Jen gives donations as gifts. Her point: Jen gets a tax deduction when she gives to charity so she’s actually benefiting from the gift too.
Does it really matter if Jen gets a tax deduction if she’s doing good in honor of her friends? Or do think Jen is being cheap under the veil of charity? How would you feel if you received a gift of a donation in your name? Tell us what you think!| Print