MAXIMIZE YOUR TAX SAVINGS WITH CHARITABLE DONATIONS

Looking to reduce your tax burden this year? Donating to non-profit causes can be a fantastic way to contribute. Not only will you be helping others, but you may also qualify for valuable tax deductions. A variety of charitable organizations are out there, so finding one that aligns with your values is straightforward. First, make sure the organi

The grantor receives a tax deduction to the present worth of the income stream donated to charity, and might take out hugely appreciated property within the estate and transfer assets to heirs with no gift or estate tax consequences. Taxwise, you may score two benefits when staying philanthropic throughout your life span: tax deductions and estate