With the new Tax Cuts & Jobs Act going into effect in 2018, charities are facing more difficulty obtaining small regular donations due to the higher Standard Deduction and limited tax savings for donors. Come find out how you can take advantage of two special tricks to be able to continue to pay less in income taxes with small, regular charitable contributions.
For those who like to give small amounts regularly, you’ll learn how to use “Donor-Advised Funds” (DAF) to continue to take meaningful tax deductions.
For those over age 70.5 that don’t wish to set aside $25,000 for lifetime donations in a DAF, learn how to use Qualified Charitable Distributions from your IRA.
Charities still need you! Invite your friends, family, and anyone charitably inclined for some light refreshments and a short educational presentation.
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