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Tax Tips for Charity and RetirementSubmitted by Integrity Advisory on January 25th, 2019
The deductibility of charitable donations has been severely impacted by the Tax Cuts and Jobs Act of 2017. Some people argue that it will discourage charitable giving due to the higher thresholds that you'll need to cross before a tax benefit kicks in. However, there is ONE METHOD that allows you to donate while still enjoying positive tax benefits.
Are you or someone who know planning to retire soon? Click HERE to learn how to minimize your tax liability to the IRS through a few methods that aren't as utilized as often as they should be.
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Truthseeker08 via Pixabay