MAXIMIZE YOUR GIVING, MINIMIZE YOUR TAXES

When donating to charitable causes, you can efficiently minimize your tax benefits for donations tax liability while making a positive impact. Consult a qualified CPA to understand the various tax deductions available for your generous contributions. Thoughtful planning of your charitable giving can materially lower your tax burden, enabling you to

Contributions should actually be paid in income or other property before the shut within your tax 12 months to become deductible, regardless of whether you employ the dollars or accrual approach. to start with, the value of your respective stock donation is equivalent to the truthful sector worth (FMV) on the shares, which is what they might provi