If you have a credit card that has cash-back bonuses on it that give you a percentage of your charges back in the form of credit or cash, here's some good news: The bonuses are not taxable income, according to the IRS. But here's even better news: If you choose to donate your cash-back money to a nonprofit, that money is tax deductible. Save money, help a cause and do it all without really trying too hard.
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ANDREWS MCMEEL SYNDICATION