Habitat for Humanity North Central Connecticut’s Post

Did you know there are other ways to donate? If you are 72 or older, you can give up to $100,000 per year from your IRA, allowing you to exclude the amount of your RMD from your income, even if you don’t itemize your taxes each year. Go to behumanitarian.org to learn more!

Want to give back and save on taxes? Donor-advised funds let you donate, skip capital gains, and maximize deductions—all while supporting your favorite causes. #CharitableGiving #TaxPlanning #WealthBuilding #DonorAdvisedFunds #SmartInvesting

Are you making the most of your #CharitableGiving? 🤔 Year-end is the perfect time to review your #TaxStrategy and optimize your contributions to your JCF fund. We can help you: - Maximize tax deductions with cash contributions. - Donate appreciated securities and avoid capital gains tax. Contact us to learn more: https://jcfny.org/contact/ #YearEndPlanning #TaxTips #DonorAdvisedFund

Did you know that donating your vehicle can lead to a tax deduction? Learn how to turn your vehicle into a tax deduction and support a great cause at the same time! Let's make a positive impact together! Start your vehicle donation journey here https://lnkd.in/g8Z7WXB #VehicleDonation #TaxDeduction #SupportACause #TaxDeduction #TaxHelp #TaxSeason #TaxTips #TaxRefund #TaxPlanning #TaxExperts #TaxBenefits #TaxSavings #TaxAssistance #VehiclesforChange

"Bunching" refers to taking what you would contribute to charity over the course of a few years and donating it in one year instead. This can provide tax savings through increased itemized deductions, which could help you exceed the standard deduction requirement and maximize your tax benefits for that year. If you're unsure if bunching would help increase your tax savings, use this calculator to find out:https://lnkd.in/gYgDn3hJ

#FiscalRoadmap We find ourselves in a moment where, even as we chart the course for the future, we're also navigating the immediate necessities of our current fiscal year, a year that began on October 1. It's a balancing act of immense responsibility, ensuring that while we aim for long-term growth and stability, we do not lose sight of our immediate obligations and the work still pending to fulfill them. Donate https://bit.ly/3T6UfkD #BeThe1st

"Bunching" refers to taking what you would contribute to charity over the course of a few years and donating it in one year instead. This can provide tax savings through increased itemized deductions, which could help you exceed the standard deduction requirement and maximize your tax benefits for that year. Bunching isn’t for everyone, but let’s take a look at your finances to see if it’s right for you.

Unlock the secret to selling your property stress-free! 🏡 Donate it, claim a tax write-off, and skip capital gains. Learn how: https://okt.to/21ipc7

Year-end giving can support causes you care about and reduce your taxes. Strategies like donating appreciated assets or setting up a donor-advised fund can make a big impact. #CharitableGiving #TaxPlanning #YearEndStrategies