Giving Gives

A  donor-advised fund , as known as a DAF, can be a tax-efficient way to give to charity. A DAF is basically a charitable investment account, used for the sole purpose of supporting charitable   organizations   you care about. It allows donors to make a charitable contribution, receive an immediate   tax deduction , and then those funds can be invested for tax-free growth. You can also recommend grants to virtually any IRS-qualified public charity. When you give, you want your  charitable donations  to be as effective as possible.  Donor-advised funds  are currently the fastest-growing charitable giving vehicle in the United States, they are one of the easiest and most tax-advantageous ways to give to charities you care about. Make a tax-deductible donation You are able to donate cash, stocks, cryptocurrency, or non-publicly traded assets such as private business interests, and private company stock to be eligible for an immediate  t...

Do you have a boat sitting in a slip that has become a burden paying for each month? Let’s say that you are the owner of a good-sized older boat that runs well, but the interior is dated or you simply don’t get out on the water like you used to. Maybe comparable boats in other local markets are going for as much as $18,000, but the best offers you’ve received do far fall short. Do you want to maximize the sales value you receive as a federal tax deduction? Consider making a  boat donation  to a national charity that uses knowledgeable representatives to get you the best market value for your donation. Donate your boat with  Giving Center ! Before considering a donation, ask yourself the following questions: Do I itemize my deductions on my tax return?  Only about a third of Americans itemize their deductions, the other two-thirds take the standard deduction.  Donating a boat  will only benefit you as a tax write-off if you choose to itemize. Do I ...