MAXIMIZE YOUR TAX REFUND WITH CHARITABLE DONATIONS

Year-end giving can be a rewarding way to aid causes you care, and they can also offer significant tax benefits. By donating to qualified organizations, you can potentially minimize your taxable income, leading to a bigger refund. It's essential to speak with a tax advisor to figure out the best approaches for your position and ensure you optimize

Charitable remainder trusts are irrevocable trusts that permit you to donate assets to charity and draw yearly income for life or for a particular period of time. The regulation now permits electing men and women to use an elevated limit ("greater specific Limit"), as many as 100% in their AGI, for experienced contributions built for the duration