What is a Charitable Remainder Trust?
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It is helpful to know that a charitable remainder trust exists, but most charitable intentions benefit more from a donor advised fund.

No Tax Benefit to Gifting Capital Losses
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Gifting depreciated stock is more complex and never to anyone’s advantage.

NAP Credit Charity Spotlight: The Soho Center
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Soho is my Amazon Smile charity recipient, I donate to them generously from my charity budget, and the NAP credits they offer are my favorite way to pay my state taxes.

A Review of the Effective Altruist Charitable Giving Strategy
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While there may be ineffective charities which still deserve your support, this process may reveal ways that we can encourage ourselves, our charities, and our charitable giving to do better.

Two Charitable Tax Savings for Spontaneous Donors
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Utilizing tax-smart spontaneous giving only requires the smallest amount of planning ahead.

How to Pick Your Charitable Giving Target for State Tax Credits
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Which of these three methodologies you prefer depends on your reason for giving.

Pay Your State Tax By Donating to Charity
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If you have a tax credit eligible charity where you like their work better than the state government, then consider redirecting your state tax to fund the charity instead.

CARES Act Creates a $300 Charitable Contribution Deduction for the Standard Deduction
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Congress enabled those who are taking the standard deduction to deduct $300 of charitable giving if they do not itemize.

Q&A: Can I Still Use a QCD to Get State Tax Credits?
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If a portion of your charitable gift is nondeductible, then no portion of the gift can be counted as a Qualified Charitable Distribution. But there is one accepted loophole for QCDs.

State Tax Credits: Navigating the New IRS Rules to Find Tax Savings
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This June, the IRS came out with their final ruling on how charitable gifts to receive state tax credits will be handled. This is how the strategy works now.

The Complete Guide to Planned and Charitable Giving
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Taking these few extra steps can maximize your gift’s benefit to both you and the recipient.

Lessons from Stock Ownership for Charitable Giving?
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“When you buy stock, you don’t tell the company how to spend your money,” says Ken Stern. Sadly, Ken Stern doesn’t understand how stock ownership works.

Use Gift Clumping or Qualified Charitable Distributions to Save on Taxes
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These are two ways to benefit from the higher standard deduction while still fulfilling your charitable intentions.

State Tax Credits Are Becoming Less Valuable
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New proposed legislation cuts the benefit of donating to charity and receiving tax credits in return.

Best Practice for Qualified Charitable Distribution Checks
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If you choose to make a QCD, we suggest saving as much documentation as possible.

Your Deductions in 2018 Under the Tax Cuts and Jobs Act
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We will have to wait and see what tax law we have after Congress reconciles the bills and the final version is signed into law by the President.

How Do You Value a Gift of Stock for Taxes?
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How do you determine the value of your gift of stock? The IRS doesnโ€™t like you to use rough estimates on your tax forms; they prefer a black and white number.

Age Restriction on Qualified Charitable Distributions Limits Inherited IRA Gifting
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Unfortunately the age restriction makes the charitably-inclined young, who are more likely to be in the 0% capital gains bracket, unable to make QCDs.

Thereโ€™s Still Time for Charitable Giving
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Instead of giving cash, there are two ways you may be able to give so more of your money goes to charity instead of the IRS.

How Can I Give Away Money from My IRA?
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What if you do not need all the money from your RMD and you are also charitably inclined?

How Much Can I Give Away to Charity This Year?
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If you give away more than 50% of this yearโ€™s income, you cannot deduct it this year, but you can carry it forward for up to 5 years.

Comparing Donor-Advised Funds
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Which company should you choose when you’re opening a donor-advised fund?

Testamentary Donor Advised Funds
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An easy estate workaround is to set up a Donor Advised Fund as a Testamentary fund, meaning you aren’t funding it yet, but it will be funded upon your death.

Investing in a Donor Advised Fund
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There are several strategies for using a donor advised fund which will help determine your asset allocation.

Gifts, Taxes, and IRS Form 709
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Most people are unaware that giving a gift can be a taxable event because they themselves have not yet experienced the tax.

Qualified Charitable Distributions (QCDs) from IRAs
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QCDs allow individuals age 70 1/2 or older to give directly to a charity from your IRA without counting the distribution as taxable income.

Why You Should Give Appreciated Stock Instead of Cash
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Giving appreciated stock not only allows you to support your favorite charity but also avoid paying capital gains tax on your gifted stock.

A Complete Guide To Donor Advised Funds
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A donor advised fund makes the process of charitable giving simple and easy.

IRS Wants Charities To Collect And Report Sensitive Donor Identity Information
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Late last year, the IRS proposed asking charities to collect sensitive donor identity information for any charitable gift of more than $250.

What Capital Gains Is Owed For The Sale Of Gifted Stock?
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It is better to leave stock to a family member in your estate plan than to gift them the stock while you are alive.

Why You Should Use a Donor Advised Fund
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We highly recommend a Donor Advised Fund for generous investors.

Never Lend to Family Without a Contract
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While helping a family member out is noble, money often complicates the relationship.

Education Improvement Scholarship Tax Credits
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Virginia taxpayers can give generously and offset the cost of those gifts through tax credits and the avoidance of capital gains taxes.

Giving to a Charity to Receive an Annuity
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Every nonprofit needs to keep an up-to-date list of the types of assets that they will accept as donations.

How Can I Give to My New Grandchild?
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My daughter and son-in-law are expecting their first child, and my husband and I want to give some money for the child as a gift. What are my options?

Appreciating Donor Advised Funds
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There are five ways that both you and the government could make charitable giving more significant.

What Asset Allocation Should I Have For My Schwab Donor Advised Fund?
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Keeping your donor advised fund invested could result in more benefit to the charities you support.

How To List A Charity As Your Beneficiary
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There is a tax benefit to leaving some assets to your favorite charity rather than leaving it to your heirs.

Mailbox: How Can I Leave My Estate To A Charity?
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Leaving a legacy can be a great benefit for the charity receiving the gift.

Is AmazonSmile Good For Charities?
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There is no reason why charities should not be thankful.

How To Designate Charitable Gifts In Your Schwab Donor Advised Account
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Schwab Charitable Donor Advised Funds make the gifting process easier.

Virginia Neighborhood Assistance Program Information
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To receive tax credits for your donation, first contact the charitable organization and determine if it has any remaining tax credits to allocate to your gift. If tax credits are still available, fill out the Contribution Notification Form and send it to the organization.

Virginia Neighborhood Assistance Program Tax Credits Coming Soon
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Church Hill Activities and Tutoring is one example of the many charities that are granted tax credits to share with donors.

Microfinance: Loans That Change Lives
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With as little as $25 you can begin loaning money to developing world entrepreneurs.

Gift Tender Offers To Charity To Avoid Capital Gains Tax
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This technique can avoid paying any tax, a savings worth up to 36.1%.

Annual Exclusion From Gift Taxes
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There is a limit, or exclusion–an amount that the government will allow you to gift to a person per year, without incurring tax consequences.

Links Exist Between Your Generosity and Your Friends
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The study also found that when wealthy people are heavily clustered in a neighborhood, their generosity drops.

Video: How to Check Up On Your Charity
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Maybe it is time you checked up on your favorite charities before making your next gift.

Charitable Donations from IRAs
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Although a number of tax breaks got snuffed out by the recent tax compromise passed on January 1, the ability to make charitable contributions from IRA accounts for people older than 70 1/2 was given new life.

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