Scammers coming for your charity this season

Scammers coming for your charity this season

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The IRS reported a 60 percent increase in phishing email scams this year. Criminals will pretend to be someone else and try to take advantage of your giving spirit.

"My advice to people is give by check or credit card, that way you have a great paper trail if the person ends up not being who they said they were," Lubbock National Bank Senior Vice President Director of Marketing Randy Laycock said. 

Habitat for Humanity Executive Director, Christy Reeves, said to look into the charity you are donating to to make sure it is viable, reputable, and you know where your money is going.

"In the age of digital media and social media, there are so many people taking advantage of charitable individuals and that is a shame," Reeves said. 

Another deterring factor is a weakened tax incentive. The Tax Cuts and Jobs Act enacted in 2017, nearly doubled standard deductions to $12,000 for individuals and $24,000 for married couples.

"For people to still want to make charitable donations even if they aren't going to get a tax benefit is so meaningful," Reeves said. 

 If your check is dated by December 31, it will be considered made in the 2018 tax year. 

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