Gift of Stock:
One way to reduce this year’s tax burden is to make a strategic donation of appreciated stock to the Community of Writers, which may allow you to deduct the fully-appreciated value and avoid capital gains taxes, regardless of the original purchase price!
Tax-Free IRA Charitable Rollover:
Making a gift to the Community of Writers directly from your IRA is a great way to donate and, at the same time, avoid paying income taxes on that gift. If you’re 70 and 1/2 or older and have a traditional IRA, you are able to make a Qualified Charitable Distribution (QCD) from your IRA that is 100% tax free, whether or not you itemize deductions on your tax return. This gift must be received by the Community of Writers no later than December 31 to qualify this year. Contact your IRA plan administrator for more information!
Including the Community of Writers in your Estate Planning:
Let us know if you would like to include the Community of Writers in your estate planning, and we will be in touch with more details on how to begin this process.
Send us an email, or call us as 530-470-8440.
