Category: Financial Planning

How To Use Qualified Charitable Distributions For Charitable Giving

Each year, millions of Americans make donations to charitable organizations and receive something in return – a tax break. However, the 2017 Tax Cuts and Jobs Act curbed this tax advantage because it reduced the number of people eligible to claim a charitable deduction by raising the standard deduction. For 2020, the standard deduction is … Continue reading “How To Use Qualified Charitable Distributions For Charitable Giving”

 
 
 
 

 

 
 
 

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