Our December webinar focused on charitable giving during the holiday season. The Tax Cuts and Jobs Act of 2017 changed many Americans deductibility for gifts. This presentation reviews effective tax strategies for charitable gifts and is helpful for philanthropic individuals as well as nonprofits and charitable organizations. Melissa Joy CFP® founder of Pearl Planning presented us with this 17-minute informative presentation.
If you missed our webinar, no problem, we’ve got a recording for you. Even better…here’s a cheat sheet of highlights of the webinar with the minute in the video so you can fast forward if your time is limited.[0:25] Why Do People Give? What is the purpose of Giving? [1:43] New tax law breakdown with the Tax Cuts and Jobs Act of 2017 [4:16] What are the different ways I can give? Here Melissa fills you in [5:18] Explanation of gifts of your time and donation of goods tips [8:12] Information on appreciated securities vs. cash gifts [10:18] Donor advised fund overview [13:06] Qualified charitable distribution overview [15:40] Takeaway tips to remember
Any opinions are those of Melissa Joy CFP® and not necessarily those of Raymond James. The foregoing information has been obtained from sources considered to be reliable, but we do not guarantee that it is accurate or complete. Expressions of opinion are as of this date and are subject to change without notice. Raymond James and its advisors do not offer tax or legal advice. You should discuss any tax or legal matters with the appropriate professional. Donors are urged to consult their attorneys, accountants or tax advisors with respect to questions relating to the deductibility of various types of contributions to a Donor-Advised Fund for federal and state tax purposes learn more about the potential risks and benefits of Donor Advised Funds, please contact us. Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
Melissa Joy, CFP®, CDFA® is the President of Pearl Planning and a Wealth Advisor for Raymond James Financial Services. Reach out for a call today at 734.274.6744. Address: 8031 Main St. Suite 302 Dexter, MI 48130