MAXIMIZE YOUR TAX SAVINGS THROUGH CHARITABLE DONATIONS

Giving back to the less fortunate is a rewarding experience. Also, strategic charitable donations can provide significant tax advantages. By understanding the guidelines surrounding charitable deductions, you can optimize your tax savings while supporting causes you care about. Explore working with a CPA to develop a plan that suits both your phila

For instance, you can “bunch” your charitable contributions in one tax year, employing a donor-advised fund, to raise the amount you donate inside of a high-income yr, then the cash can be employed to support charities over time. Or you may make a blended gift of appreciated assets and hard cash to maximize your benefits. Your donation endeavo