April 12, 2019
Tax day is here. If we haven't done so already, we all must file our taxes. Here's something to know for next year's tax filing: When your charitable giving is part of your overall financial plan, you can give more and have a greater impact, without actually giving more.
Today, I share three ways to give less to the IRS—and more to change the lives of people with disabilities.
1. Donate highly appreciated assets, such as stock or real estate. You will avoid capital gains tax on the appreciation and can claim the full value of the assets as a charitable contribution. If made to fund an income-returning gift, such as a charitable gift annuity or charitable remainder trust, recognition of the capital gain is postponed and typically