Tag: donor advised funds

Tax-Smart Strategies for Charitable Giving

Charitable giving may be an essential part of your life and legacy. However writing checks here and there might not be the best way to optimize your giving.  Here are some ways to bring intention and strategy to your charitable giving today and in your estate plan for the future. Four Tax-Friendly Ongoing Charitable Giving […]

Take Back Your Itemized Deductions with Charitable Contributions

Are you one of the almost 30 million taxpayers that can no longer itemize deductions? “Bunching” your charitable contributions may help take it back. The Tax Cuts and Jobs Act of 2017 increased the standard deduction from $12,700 in 2017 to $24,400 in 2019 for Married Filing Jointly (MFJ). The number of filers who itemize […]