MAXIMIZE YOUR TAX SAVINGS THROUGH CHARITABLE DONATIONS

Giving back to the less fortunate is a rewarding experience. But, strategic charitable donations can provide significant tax advantages. By understanding the rules surrounding charitable deductions, you can amplify your tax savings while supporting causes you care about. Consider working with a CPA to develop a plan that aligns both your philanthro

As an example, it is possible to “bunch” your charitable contributions in only one tax 12 months, utilizing a donor-advised fund, to increase the sum you donate in a superior-income yr, and afterwards the money can be used to help charities as time passes. Or you can make a mixed present of appreciated assets and income to maximize your benefit