Sherri Lund, PFP’s Post

As the year draws to a close, don’t overlook the importance of wrapping up your tax planning. Reviewing your portfolio, making final contributions to tax-advantaged accounts, and considering charitable donations can help ensure you enter the new year with a solid financial footing. Your future self will thank you! #yearendtaxplanning #taxplanning #wealthmanagement #wealthplanning

Want to make the most out of your charitable donations? Discover how to maximize your tax benefits with direct transfers from your IRA in our latest Financial Puzzle Playbook episode. Avoid potential pitfalls and make every dollar count! https://bit.ly/4fY6cDl #SmartGiving #TagStrategies #FinancialPuzzlePlaybook

📝 Don’t wait until the last minute for tax planning! 🕰️ Be proactive by tracking your deductions, planning for charitable donations, and organizing your financial documents now. The earlier you plan, the more you save. 💡 #TaxTips #PlanAhead

Get ahead of tax season by organizing your financial documents now. Start a folder for receipts, charitable donations, and other deductions. This prep will make tax time much smoother! Remember, every document counts toward maximizing your returns. A bit of organization now can save you both time and money in the new year. #TaxPrep #FinanceTips #SmartPlanning #TamedaMonique

In many financial plans, one area that often deserves more attention is how charitable gifts are handled to help you with your taxes. Find out more about this topic in the following article if you are charitably inclined! https://lnkd.in/gvQ78nCG

Discover how to align your charitable giving with your financial goals and values. Read our latest blog for practical tips on tax-efficient donations. https://lnkd.in/ghDU3j3w #givingback #financialplanning #taxbenefits

😬 What do you do when pushed into a higher tax bracket? DAFs FTW! 🥳 Consider leveraging charitable donations to manage your tax impact! 🎁 Make a significant contribution NOW and distribute it over the coming years to smooth out your charitable giving and reduce your taxable income. It's a strategic way to give back and lower the tax blow. Mike and Matt break it down in episode 140 of Financial Life Planning. #SmartGiving #TaxTips #CharitableDonations #FinancialPlanning #DonorAdvisedFund #TaxStrategy #IncomeManagement #CharityWork

Now is the perfect time to make a positive impact. Your generosity goes beyond just helping others—it's also a strategic financial decision. Explore these tax-efficient giving strategies: 🎁 DAFs: Flexible, tax-smart support for charities. 🔄 Gifting RMDs: Transform retirement distributions into meaningful donations. 🎗 QCDs: Direct IRA funds to charities, tax-free. 🏦 CRTs: Convert assets into lifetime income with tax benefits. Which strategy fits you? #SmartGiving #FinancialImpact #StrategicPlanning

Discover how to align your charitable giving with your financial goals and values. Read our latest blog for practical tips on tax-efficient donations. https://lnkd.in/ghDU3j3w #givingback #financialplanning #taxbenefits

Looking for a smart tax-saving strategy? Consider Qualified Charitable Distributions (QCDs)! For those 70½ or older, donating directly from your IRA can help reduce your taxable income. Remember, charitable giving needs to fit your personal financial strategy, but leveraging your IRA for donations can help be a game-changer. With the end of the year approaching, now is the perfect time to explore how QCDs can help benefit you. #charitabledonation #savingmoney #finance