New Ways to Give to Charity While Getting the Best Tax Breaks

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New Ways to Give to Charity While Getting the Best Tax Breaks

Taxpayers may not get additional itemized deductions for charitable donations. New ways to give to charity while getting the best tax breaks.

Taxpayers might not be able to claim any more itemized deductions because of a large standard deduction. However, they still have the option to go above the standard deduction, restart itemizing, and reduce their tax obligation. This piece will examine innovative approaches to charitable giving that qualify for the best tax benefits.

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Bonita K Bell-Andersen, CLU, ChFC is an SEC registered advisor licensed in association with TenCap Wealth Coaching, Inc.

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