Most taxpayers understand that to receive the benefit of charitable deductions, they need to itemize their income tax deductions. But what does this actually mean in practice?
The Slaton Schauer Law Firm, PLLC has a proud tradition of volunteerism and gifting within our communities, and we encourage our clients to consider charitable gifts as part of their estate. It can benefit you– creating a charitable giving strategy can be a great way for taxpayers to save on taxes while benefiting their community. Certain techniques can be used in conjunction with others to maximize the benefit of charitable giving. Please click this link to see an article we located on the AAEPA website that goes into more detail.