Full Circle Financial Planning’s Post

Many people think charitable giving only involves a cheque, cash, or even credit. What people don't realise is they can gift their financial assets as well. #BeStrongAtEveryStage #FinancialPlanning #TaxMitigation #Finance #LifeInsurance

Did you know your charitable contributions can help reduce your tax bill? 🙌 Whether it’s cash, household items, or even appreciated stock, donating to a cause you care about can lead to valuable tax deductions. 💰 But be careful—the rules around deductions can get a little tricky! 🧐 To make sure you’re maximizing your benefits and staying compliant, it’s always a good idea to consult with a financial advisor. 📞 Give with purpose, and get the most out of your generosity! 💖 #fullcirclefinancial #wealthbuilding #financialfreedom #WealthManagement #FinancialGoals #FinancialSuccess #FinancialSecurity #holisticfinancialplanning #FinancialFuture #financialpeace #FinancialGrowth #financialadvisor #FinancialEmpowerment #retirementplanning #InvestmentStrategy #taxplanning #CashFlowManagement #CharitableGiving #TaxDeductions #FinancialAdvice #GiveBack #TaxStrategy

💸 𝗖𝗹𝗮𝗶𝗺𝗶𝗻𝗴 𝗗𝗼𝗻𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝘀 𝗧𝗮𝘅 𝗗𝗲𝗱𝘂𝗰𝘁𝗶𝗼𝗻𝘀 Did you know that charitable donations can reduce your tax bill? Here’s how    Want to ensure you’re claiming all eligible deductions? Contact us for expert advice on optimizing your tax return!    #TaxDeductions #CharitableDonations #TaxAccountingAdelaide #MaximizeYourReturn #FinancialPlanning 

As the year comes to a close, it's the perfect time to consider a powerful tax strategy: Qualified Charitable Distributions (QCDs)! Those eligible can make QCDs to lower their taxable incomes and at the same time, fulfill a few other goals. Read on about how you may be able to make the most of this strategy. https://bit.ly/3NbMO9i #TaxSavings #CharitableGiving

Optimize Your Capital Gains with a Charitable Remainder Trust! Are you looking to reduce or eliminate capital gains taxes on highly appreciated assets? As a CPA and business consultant in Los Angeles, I help clients strategically structure Charitable Remainder Trusts (CRTs) to preserve wealth while supporting charitable causes. By leveraging CRTs, you can: • Defer or eliminate capital gains taxes • Create a steady income stream • Benefit from a charitable tax deduction • Leave a lasting charitable legacy If you’re interested in exploring how a CRT can optimize your financial plan, let’s connect to discuss personalized solutions! #CharitableRemainderTrust #CapitalGainsTax #WealthPreservation #CPA #BusinessConsulting #LosAngelesBusiness

It's time to get your books and records up to date! Eide Bailly Tax Partner Janel Keenan recommends contacting your brokers about year-to-date activity and the potential for year-end tax harvesting and rebalancing if necessary. Some additional strategies to consider include pre-planning charitable giving, using endowment credit contributions, taking advantage of state PTET payments in December to qualify for a deduction, and splitting large transactions over the year-end timeframe to avoid high bracket impacts. Are you interested in finding out what strategies meet your needs? Schedule a consultation with our team today. ➡️ https://bit.ly/3Z8aRfZ #YearEndPlanning #YearEnd #TaxTips #TaxAdvisor #TaxCompliance

This is a friendly reminder to consider making Qualified Charitable Distributions (QCDs) before the end of the year. If you're already in the distribution phase of your Traditional IRA, this can be a smart strategy to not only support the charitable causes that matter most to you, but also potentially reduce your taxable income for the year. As always, be sure to consult with your financial advisor to ensure you’re taking full advantage of this opportunity before year-end.

Charitable Remainder Trusts (CRTs) are a robust solution for families and individuals looking to maximize both their financial future 💰 and their charitable impact 🌍. By transferring highly appreciated assets into CRTs while reducing tax liabilities, such as capital gains and estate taxes, your clients can create lifelong income. Our latest article dives deep into how CRTs work, including their structure and benefits, and how they can enable your clients to give back to the causes they care about. CRTs present a unique opportunity for wealth management. If you're advising clients keen on maximizing their financial returns 📈 while making charitable contributions, CRTs could be an ideal solution. 📖 Read the full article here: https://hubs.li/Q02QnncQ0 #Estateably #CRTs #AssetManagement #GenerationalWealth

Business succession, wealth transfers, charitable giving - all with minimized tax impact. Discover how with us! 💡💰 #TaxStrategies #WealthManagement