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Tag: Tax Tips

3 Reasons to Set Up a Donor-Advised Fund to Maximize Your Charitable Tax Deductions

January 31, 2021
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| Financial Planning, Frugal Living

Using donor-advised funds is a more advanced tax strategy that has gotten more popular recently with the introduction of the Tax Cuts and Jobs Act (TCJA) in February 2020. The TCJA nearly doubled the amount of the standard deduction, which…

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The post 3 Reasons to Set Up a Donor-Advised Fund to Maximize Your Charitable Tax Deductions appeared first on MintLife Blog.

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