How to Maximize Charitable Contributions for Year-End Tax Planning
As the year comes to a close, now is the perfect time to maximize your charitable contributions and take advantage of key tax benefits. Whether you’re considering a Qualified Charitable Distribution (QCD) from your IRA, setting up a donor-advised fund, or planning to bunch donations, these strategies can significantly reduce your tax liability while supporting causes you care about. Find out how to make the most of your year-end giving before the December 31 deadline, and ensure you’re prepared for the 2024 tax season!