Year-end 2023 is right around the corner. That means time is running out to implement a charitable giving strategy that reduces your 2023 tax liability.
On Thursday, October 26th, our team of financial advisors discussed the top things to consider before making a charitable donation and answered some of our most frequently asked questions like:
→ Why you should consider a Donor Advised Fund for giving
→ How to identify the best assets to give to reduce your tax liability
→ When to take Qualified Charitable Distributions from your IRA
DISCLOSURE: These events have been prepared for informational purposes only, and are not intended to provide, and should not be relied on for tax, legal or accounting advice. You are solely responsible for evaluating and acting upon the education and information contained in this material. Certain federal or state laws applicable to your situation may impact the applicability, accuracy, or completeness of the information in these presentations. Federal and state laws and regulations are complex and are subject to change. This material was not intended or written to be used, and it cannot be used with any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer under U.S. federal tax laws. Tax laws and regulations are subject to change. Always consult your own tax professional prior to investing. There is no guarantee that any forecasts made will come to pass.