Americans are very generous people. Aside from the good feeling you get from following your philanthropic nature, the tax laws reward you for making donations. Americans donated $298.4 billion to charities in 2011 (according to estimates by the Giving USA group).
This chapter explains:
This chapter also contains a record keeper that you can use to track your cash contributions throughout the year.
For more information, see IRS Publication 526, Charitable Contributions; IRS Publication 561, Determining the Value of Donated Property; IRS Publication 1771, Charitable Contributions—Substantiation and Disclosure Requirements; IRS Publication 3833, Disaster Relief: Providing Assistance through Charitable Organizations; and IRS Publication 4303, A Donor's Guide to Vehicle Donations. ...