Through the appropriate use of wills, trusts, and gifts, you and your family can avoid tax while making charitable gifts to the organizations and causes closest to your hearts. In this brief 2-page read, you’ll learn about charitable giving in life and death. Many thanks to our friend Michael Gluski of Ameriprise for making this […]
As you probably already heard, today is #GivingTuesday. We join the millions of folks around the world giving to their favorite causes and nonprofits – because we believe in doing good and doing well. But did you know that by doing good by giving to charity, you can also save money on your taxes? Most […]
Do you want to reduce your income tax? Then look carefully at the IRS’s allowable tax deductions. Deductions are subtracted from your adjusted gross income (AGI), determining the amount of tax you actually owe Uncle Sam. The IRS allows two ways to take deductions: the standard deduction or by itemizing certain deductions using Schedule A. […]