Michelle (Michal) Mor Gabay’s Post

Continuing our series, Charitable Remainder Trusts (CRTs)! 📚 Another estate planning strategy for those who prioritize tax efficiency is CRTs. Unlike last week’s topic, CRTs provide income to you or your beneficiaries first, with the remainder going to charity. https://bit.ly/4gPdoTo #CharitableGiving #TaxPlanning #Beneficiary #Charity #RisingDividends

Charitable giving is one of the most powerful levers we have to tackle some of the world’s most pressing social and economic issues. We want to help you give easily, with the best advice. That’s why SJP have joined with the Charities Aid Foundation (CAF). CAF allows you to set aside money in a tax-efficient manner, for gifts to charitable causes, now and in the future.   Find out more here. https://lnkd.in/er6TRQwt #CharitableGiving #FinancialPlanning

Boost Your Impact with a Qualified Charitable Distribution! Considering a tax-savvy way to give? QCDs allow individuals 70½ or older to donate up to $100,000 directly from their IRA to a qualified charity like NVFS, potentially reducing taxable income. Your generous donation can significantly support our community programs while optimizing your financial strategy. #NVFS #TaxSmartDonation #CommunitySupport

National Day of Giving serves as another nudge, along with the knowledge of tax benefits to charitable giving. Tax-exempt organizations may need to brush up on the next steps after receiving generous contributions. FORVIS outlines a few charitable receipt reminders for these organizations. #nonprofit #fundraising

Charitable giving is one of the most powerful levers we have to tackle some of the world’s most pressing social and economic issues. We want to help you give easily, with the best advice. That’s why SJP have joined with the Charities Aid Foundation (CAF). CAF allows you to set aside money in a tax-efficient manner, for gifts to charitable causes, now and in the future.   Find out more here. https://lnkd.in/eYXrggbu #CharitableGiving #FinancialPlanning

Donations made to qualifying nonprofit organizations are typically tax-deductible, but the organization must be recognized as tax-exempt under Section 501(c)(3) of the Internal Revenue Code. Common examples include religious organizations, educational institutions, charitable foundations and public charities. https://bit.ly/41uULyD #rulien #anchoragecpa #outsourcedaccounting #healthcareaccounting #contractingaccounting #restaurantaccounting #modernaccountingfirm #businessadvisors

Donor-Advised Funds (DAFs) allow you to make a charitable contribution, receive an immediate tax deduction, and recommend grants to your favorite charities over time. It’s a great way to plan your giving with flexibility. #DonorAdvisedFunds #StrategicGiving #LindseyAndLindsey

Qualified charitable distributions made from traditional IRAs can provide significant support to charities while conferring tax benefits on donors. But nonprofits must make an effort to educate their supporters. https://hubs.li/Q02X2Q7z0

Donor-Advised Funds (DAFs) allow you to make a charitable contribution, receive an immediate tax deduction, and recommend grants to your favorite charities over time. It’s a great way to plan your giving with flexibility. #DonorAdvisedFunds #StrategicGiving #AscentWealthManagement

Check out this insightful video on the benefits of a Charitable Remainder Trust (CRT)! A Charitable Remainder Trust (CRT) is a way to bypass capital gains tax. It offers significant benefits personally and to the charities you wish to support. The personal benefits are a lifetime income and a large charitable deduction in the year of origination. Our federal government actually encourages you to support your favorite charities by giving these tax benefits. Your designated charities receive what is left (Remainder) in the CRT after your death. This approach to financial planning can also offer your heirs the potential to receive a greater inheritance. #WealthPlanning #CRT #FinancialStrategy