Episode 3: Stretching Your Charitable Giving Dollars During COVID-19

Carol G. Kroch |
Emerald GEMs
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May 19—With today’s coronavirus crisis, giving to charity is even more important than ever. In a time of such great need, how can you create a charitable giving strategy that reflects your values, helps those who need it most, and stretches your charitable dollars most effectively? National Director of Philanthropic Planning, Carol Kroch, shares how it may be overwhelming to know where to begin, and shares a three-pronged approach to charitable giving to help you achieve your goals.

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Stretching Your Charitable Dollars

Wealth Planning
helping hand with the sky sunset

With today’s coronavirus crisis, giving to charity is even more important than ever. In a time of such great need, how can you create a charitable gift strategy that reflects your values, helps those who need it most, and stretches your charitable dollars most effectively? The need is so great that it can be overwhelming to know where to begin.You may be unsure who to give to and uncertain about some of the new tax rules that impact charitable giving.

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7 Ways to Make Tax Time Less Taxing

Wealth Planning

A roundup of advice for taxpayers, investors, and philanthropists during tax season. Enhance portfolio diversification by pooling concentrated holdings and cut capital gains when you sell stocks.Reduce state income taxes, which can be considerable in certain states.Make charitable gifts in the most tax-savvy fashion.Tax time. “It’s the most wonderful time of the year,” said no one ever.

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