MAXIMIZE YOUR TAX SAVINGS THROUGH CHARITABLE DONATIONS

Giving back to the less fortunate is a rewarding experience. Also, strategic charitable donations can provide significant tax advantages. By understanding the guidelines surrounding charitable deductions, you can optimize your tax savings while supporting causes close to your heart. Consider working with a tax professional to tax saving charitable

"That will help you lessen your taxable income," says Ed Slott, a CPA who educates money advisers on IRA and retirement scheduling strategies. You may as well assert a charitable deduction, assuming you are able to itemize from the yr you donate. View all investmentsStocksFundsBondsReal estate and substitute investmentsCryptocurrencyEmployee equit