You may be a cheerful charitable giver, but there’s no reason you shouldn’t also be a tax-savvy one!
If you’re feeling charitable this holiday season, I certainly encourage you to follow those passions and make heart-felt charitable donations. However, while you certainly want to be cheerful giver, there’s no reason you shouldn’t also be a tax-savvy one! There are a number of ways to accomplish a strategy to both support worthy causes, and reduce your tax-bite at the same time. In fact, MarketWatch recently offered a concise list of five tax-savvy strategies: 1. Donor-Advised Funds: A donor-advised fund is like your own private foundation, without the onerous administrative costs or duties. Although you lose final say in the…