Tag: Charitable Giving
Are You Making the Most of Your Year-End Charitable Giving? With Emily K. Diaz, MAcc, CPA, CFP®

Are You Making the Most of Your Year-End Charitable Giving? With Emily K. Diaz, MAcc, CPA, CFP®

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While tax savings may not be a primary driver for your charitable contributions, being aware of opportunities can help you amplify your impact. 

In this episode, Emily K. Diaz, MAcc, CPA, CFP®, of Foster &  Motley shares valuable insights on year-end charitable giving, the benefits of planning ahead, and its connection to tax planning. Whether you wish to give to your family, directly to an organization, or through a charitable foundation, you will learn actionable ideas to improve tax efficiency and leave a lasting impact.

Emily also sheds light on an Ohio-specific gifting strategy, where you can capitalize on available tax credits through Scholarship Granting Organizations (SGOs).

Emily shares more about:

  • The tax implications of different types of gifts (e.g., cash vs. appreciated stocks)
  • Simplified explanation of commonly used strategies, such as donor-advised funds
  • The benefits of planning out  larger gifts over multiple years
  • Navigating the annual exclusion for family gifts
  • And more

 

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How Do Brokerage and Bank Accounts Work Together? With David J. Nienaber, MBA, CPA, CFP®

How Do Brokerage and Bank Accounts Work Together? With David J. Nienaber, MBA, CPA, CFP®

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Ever wondered about the difference between checking, savings, and brokerage accounts?

In this episode, David J. Nienaber, MBA, CPA, CFP®, discusses the distinctions between checking accounts, savings accounts, and brokerage accounts. He highlights benefits of each and how they function together. Additionally, he explains how brokerage accounts can be platforms for purchasing stocks, bonds, and mutual funds.  Lastly, he touches on how money market funds are becoming a popular choice instead of traditional savings accounts.

David shares more about:

  • Money market funds as an alternative to traditional savings accounts
  • Money market funds can be bought and sold in a brokerage account and earn higher interest rates
  • Brokerage accounts not FDIC insured but have SIPC insurance
  • And more

 

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A Conversation About Charitable Giving and Taxes with Emily Diaz, MAcc, CPA, CFP®

A Conversation About Charitable Giving and Taxes with Emily Diaz, MAcc, CPA, CFP®

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Charitable giving is good for the soul. But it may also be good for your taxes.

In this episode, Emily Diaz, MAcc, CPA, CFP®, will run through the basics and the benefits of charitable giving. 

Emily shares more about:

  • The most common way to give charitable gifts
  • Why you only get a deduction if you’re itemizing on your tax return
  • Examples of tax-efficient giving
  • And more

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A Conversation about Charitable Giving

A Conversation about Charitable Giving

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When it comes to charitable giving, you have your own goals on what you want to do and how you want to give. 

Are you fully aware of all of the options you have when it comes to giving?

In this episode, Tony Luckhardt and Rachel Rasmussen discuss what is available to you when it comes to charitable giving. Tony and Rachel speak about how you are able to give both your time and money, and what giving might look like when it comes to your taxes.

Tony & Rachel discuss:

  • Why people choose to give, and how to do so in a way that reflects personal goals and values
  • How to choose a charity to give to, and the process of giving
  • What charitable giving can do to your taxes
  • How Foster & Motley works with clients when it comes to organizing charitable giving
  • Variety of ways that you can give to charitable organizations
  • And more

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