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    Tax Breaks for Charitable Giving Have Disappeared – How Can You Help?
    Product R + D

    Tax Breaks for Charitable Giving Have Disappeared – How Can You Help?

    written by Chris Vance

    Tax breaks for charitable giving are disappearing. But are they really?

    With the 2018 tax season now behind us, and many of your clients have found their annual charitable gifts got a lot more expensive. The 2017 Tax Cuts and Jobs Act, which went into effect for the 2018 tax year, nearly doubled the standard deduction to over $25,000 for a married couple filing jointly over the age of 65.

    To write off charitable contributions, taxpayers need to itemize their deductions instead of taking the standard deduction.

    Continue Reading
    Tax Breaks for Charitable Giving Have Disappeared – How Can You Help? was last modified: May 10th, 2019 by Chris Vance
    May 9, 2019
    7 LinkedIn Facebook Twitter
  • Product R + D

    Use Fixed Indexed Annuities to Pay for Long-Term Care Insurance with This Tax-Efficient Strategy

    by Mark Stewart June 12, 2018

    Clients are always looking to protect their futures. In the case of an unexpected long-term care event, the primary solution for their protection is long-term care insurance (LTCI). That doesn’t mean paying…

    3 LinkedIn Facebook Twitter
  • Product R + D

    Insuring Uninsurable Minors

    by Rochelle Whalen May 8, 2018

    Updated September 9, 2019, at 9:43 AM You may know there are several guaranteed issue life programs for adults, with many unavailable until over age 40. This leaves a gaping hole in…

    2 LinkedIn Facebook Twitter
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