How To Use Charities To Avoid Taxes Like The Super Rich
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By a Trusted CPA: Find
By a Trusted CPA: Find out how MAXIMIZE your Tax Deductions from Charitable Donations.
@mycpacoach
Everyone already knows that you can get a tax deduction for donating money to charities.
In short, if you itemize you get a dollar-for-dollar deduction for the amount you contributed to a charity of your choice.
But that’s not what this video is about. This video is about getting EVEN MORE TAX DEDUCTIONS from charitable donations... that goes beyond the basics.
Because the truth is that the ultra-wealthy are not just handing money over to charities. Instead, they are using charities as tax shelters to park their money in and avoid paying taxes.
So let's talk about it.
Intro: (0:00)
How the Wealthy Use Charity to Avoid Tax (0:30)
How Charitable Tax Deductions Work: (2:27)
Donating Appreciated Property to Charity: (3:55)
Using a Private Foundation: (6:10)
Using Donor Advised Funds: (9:35)
Using a Charity Remainder Trust: (11:20)
Become a Client: https://mycpacoach.com/save-on-taxes
@mycpacoach
Everyone already knows that you can get a tax deduction for donating money to charities.
In short, if you itemize you get a dollar-for-dollar deduction for the amount you contributed to a charity of your choice.
But that’s not what this video is about. This video is about getting EVEN MORE TAX DEDUCTIONS from charitable donations... that goes beyond the basics.
Because the truth is that the ultra-wealthy are not just handing money over to charities. Instead, they are using charities as tax shelters to park their money in and avoid paying taxes.
So let's talk about it.
Intro: (0:00)
How the Wealthy Use Charity to Avoid Tax (0:30)
How Charitable Tax Deductions Work: (2:27)
Donating Appreciated Property to Charity: (3:55)
Using a Private Foundation: (6:10)
Using Donor Advised Funds: (9:35)
Using a Charity Remainder Trust: (11:20)
Become a Client: https://mycpacoach.com/save-on-taxes
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در تاریخ 1402/02/13 منتشر شده
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