The Charitable Income Tax Deduction is under attack. Serious attack.
Right now, Congress and the President are looking for revenue wherever they can find it, and they're turning their attention to the charitable sector. Members of Congress met regularly last week and openly discussed how to effectively limit or even eliminate the Charitable Deduction for taxpayers ... a move that could devastate U.S. charities across the board.
If you are currently writing checks to your local church and various ministries, but also have appreciated stocks or mutual funds in a taxable investment portfolio, you likely have a significant opportunity to pay less tax, give more, improve your ... read more