Sunday, October 16, 2016
As the holiday season rounds off the end of the year, advisors can help clients understand the benefits of charitable donations. By making charitable donations before the end of the year, a taxpayer can receive credit on their next tax return. It is important to do your research, and only give to IRS registered charities that ensure most of their proceeds go toward their cause. Another way to get philanthropically involved is to do business with companies that give back. Corporate giving has increased by almost 4% in the last two years as companies find it more and more important to support the cause.
See ‘Tis the Season for Charitable Giving: 5 Tips for Savvy Donors, Orlando Sentinel, October 16, 2016.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.