Smart Charitable Giving Strategies April 30, 2021 Family Financials Last week, we talked about supporting causes you care about through charitable giving while reducing your tax bill at the same time. We also discussed “bunching” two or three years of charitable gifts to increase your tax savings. This week we’ll suggest four smart (and strategic) ways to give …Read More keyboard_arrow_right
Fundamentals, Not Short Cuts, Propel Growth April 26, 2021 Weekly Update Please note: This update was prepared on Friday, April 23, 2021, before the market’s close. From vaccines to variants, from inflation to infrastructure, and from SPACs to NFTs, investors have had no lack of issues to contend with as the year has progressed—and it’s only April! …Read More keyboard_arrow_right
Charitable Giving: Going Big and Paying Less April 23, 2021 Family Financials Charitable giving is one of the best ways to leave a legacy or support a worthy cause. Those are reasons enough to give, but as wealth managers, we also appreciate that donating to charities can reduce your tax bill—and you still have three weeks until the extended May 17 filing date. When …Read More keyboard_arrow_right
Tax Benefits to Pandemic-Related Giving May 22, 2020 Family Financials coronavirus Many of us are searching for ways, even small ones, to help those on the front lines of the crisis. What you may not know is that the federal government—as part of the multi-trillion-dollar virus relief bill, the CARES Act—tweaked certain rules to encourage giving to COVID-19-related causes and non-profits impacted by …Read More keyboard_arrow_right
Charitable Giving: Going Big and Paying Less November 11, 2019 Family Financials Charitable giving is one of the best ways to leave a legacy or support a worthy cause. Those are reasons enough to give, but as wealth managers, we also appreciate that donating to charities can reduce your tax bill. As the days get shorter and the end of the tax year approaches, …Read More keyboard_arrow_right
Using Your Retirement Assets for Good: Qualified Charitable Distributions July 23, 2019 Family Financials charitable giving, IRAs Many investors are unaware that you can use retirement assets to support the charities of your choice while avoiding taxes at the same time. A qualified charitable distribution (QCD) is a direct transfer of money from an individual retirement account (IRA) to an eligible charitable organization. Unlike regular withdrawals from your …Read More keyboard_arrow_right