Dave Flegal, CPA, CFP®’s Post

For many, charitable giving is an important part of helping those in need, giving back to communities and building a family’s legacy. Whatever the reason for giving to charity, as MBI Manager of Financial Planning and Wealth Management Stephanie Anderson, CFA, CFP®️, CDFA®️ points out, to maximize the impact of those gifts, it is important to have clear goals for giving and to create a charitable giving plan that optimizes the tax efficiency of designated gifts. Read more on the MBI website. https://lnkd.in/e48XqMkx #charitablegiving #taxefficiency

This free webinar will cover year-end tax planning, focusing on charitable giving. We’ll show how a donor-advised fund can help you make wise decisions about which charities to support. You'll also see how you can use donor-advised funds to teach your children and grandchildren about philanthropy, and the important role they can play in planning your legacy.  https://trib.al/4DOALiE

Charitable giving can strengthen your client relationships while positively impacting your business. A recent talk for estate-planning attorneys and financial advisors emphasized the advantages of encouraging clients to donate appreciated stock instead of cash. This effective strategy benefits charities and helps build deeper connections. For more insights on this topic, visit https://okt.to/gyZAdR.

For many, charitable giving is an important part of helping those in need, giving back to their communities, and building a family legacy. In order to maximize the impact of those gifts, writes MBI Financial Planning and Wealth Management Manager Stephanie Anderson, it is important to have a clear set of goals to create a charitable giving plan that seeks to optimize the tax efficiency of designated gifts. https://ow.ly/k8LJ50Tx9bk #charitablegiving #legacyplanning #financialplanning #financialplanningmonth #octoberisfinancialplanningmonth

What benefits can you gain by using IRA transfers for your charitable donations? Tiffany Ritchie, CFP, HDP of Morris Financial Concepts, explains in this segment. Uncover how transferring funds from a traditional IRA directly to charities allows you to donate pre-tax dollars, sidestepping taxes and maximizing the value of your gift. This method gains importance following tax law changes in 2018, offering a way to continue significant charitable support. Learn the steps to make your philanthropic efforts more effective and tax-efficient, benefiting both you and your chosen charities. #FinancialPlanning #TaxAdvantagedGiving #CharitySupport #DonationTips #IRAGiving #TaxEfficiency #DonationStrategies For more assistance planning and maximizing your tax benefits, see how Morris Financial Concepts can support your financial goals https://buff.ly/3TlTBRS

Whether you’re honoring a loved one, creating a legacy or supporting a cause, there are many reasons to give to charity. Here are a few considerations to help ensure the charitable giving strategy you pick helps you make a meaningful impact and aligns with your broader financial goals. https://bit.ly/3ZnCC3g

There are ways to maximize the charitable contribution deduction, year after year. This article describes thoughtful strategies helpful to both charities and donors alike.

Your wealth advisors at Washington Trust Wealth Management can tailor tax-efficient strategies to your unique financial situation and goals, utilizing planning tools to determine which strategies will yield you the highest tax benefit.

For investors 70½ years or older with IRAs, Qualified Charitable Distributions (QCDs) can be a win/win: minimizing your taxes while supporting your favorite charities. Here’s what you need to know:▶️ https://ow.ly/krhV50R47LC _______________ What we value is you.™ #WashTrustWealth #TaxPlanning #PersonalFinances

Whether you’re honoring a loved one, creating a legacy or supporting a cause, there are many reasons to give to charity. Here are a few considerations to help ensure the charitable giving strategy you pick helps you make a meaningful impact and aligns with your broader financial goals. https://bit.ly/410XfVi