Charitable Donation Tax Strategies

Charitable donation tax strategies can give an immediate itemized deduction while also reducing other tax burdens.

 

Examples include:

• Bunching/timing itemized deductions
• Donating appreciated stocks
• Donor advised funds to time contributions

• Qualified Charitable Distributions (QCDs) from an IRA

 

To learn more about how these strategies work, how much you could save, and how to put these strategies into action, contact a tax advisor now.