Year End Charitable Giving Strategies
It’s smart and responsible to take advantage of available tax benefits when giving to a worthy charity like Zion. Following are a few ideas you may want to implement before the end of the year. Donating Appreciated Securities Stocks and other securities like mutual funds that have gained value since purchase can be tax-efficient charitable giving tools. Don’t sell the investment, pay tax on the gain, donate the proceeds and take your charitable deduction on the value of the proceeds.