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. Explore working with a CPA to develop a plan that suits both your philanthropi

As an illustration, you may “bunch” your charitable contributions in an individual tax 12 months, employing a donor-recommended fund, to improve the amount you donate in a high-income 12 months, then the resources may be used to aid charities after some time. Or you may make a blended reward of appreciated property and dollars To maximise your