June 6, 2023 | Episode 64

One way to save THOUSANDS in income taxes

What if you could redirect money from the US Treasury straight to your favorite charity, all while saving on your taxes? Sounds too good to be true, right? In this episode, we uncover the strategies behind maximizing charitable tax deductions and the benefits of donor advised funds.

We dive into the world of donor-advised funds, exploring how they can act as a mini-private foundation to accelerate your charitable gifts and secure greater tax deductions. We discuss the various options for setting up these funds and the flexibility they offer, as well as the advantages for both donors and charities. From helping those facing high tax rates to supporting more frequent gifts for charities, donor advice funds open up a realm of possibilities.

Join us as we undress the industry and help you get the most from your money in life! Discover how implementing these strategies not only saves you money on taxes but also makes a greater impact on the causes you're passionate about. Don't miss this insightful conversation, and be sure to leave a review and rating to help others find our show.

Thanks to our sponsor, S.E.E.D. Planning Group! S.E.E.D. is a fee-only financial planning firm with a fiduciary obligation to put your best interest first. Schedule your free discovery meeting at www.seedpg.com

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