Making Qualified Charitable Distributions can be a great way to maximize your charitable giving. But this strategy must be reported properly at tax time. Learn how to avoid a tax trap.
There are many things we can donate to charity - cash, property, clothing, assets. Each one has its own requirement for receiving an income tax deduction. Review this flowchart to learn more.
The recently passed SECURE Act has made several changes to retirement plans, some of which could result in an increase in the amount of money being left to charities. Read why.
Donating mutual funds and appreciated stock may be a better strategy than donating cash. But timing is everything. Here's why.
Living a good life involves many things, including having a satisfying career, strong family ties, good friends, and hobbies you enjoy. Leaving a legacy may be part of what you desire; and charitable giving is a way for us to show future generations the importance of improving the world around us. Learn the importance of having a charitable giving strategy you can communicate to heirs.
Donating to charity makes us feel good. But resources are not finite. What if there was a way to structure your giving so you and the charity can both benefit to an even greater extent? This course teaches you how.
About 12% of charitable giving happens in the last three days of the year. But under the new tax plan, many taxpayers won't be able to deduct their donations. Howard Hook contributed to this article, outlining the new rules, explaining who can itemize, and reviewing some useful strategies.
