Acknowledging the challenges of 2020, the IRS has issued a federal income tax extension for personal income tax filing in 2021, but not every 2021 deadline was moved.
What’s the Best Way to Leave Money to a Charity? I’m David Witter, founder and CEO of Financial Harvest Wealth Advisors located in Winter Park, Florida. I’m going to talk about something people ask frequently which is, “Hey, when I pass, I want to leave money to charity. What’s the best way to leave money to a charity?” Our experience when we meet with people that have that intention, oftentimes for whatever reason, they do it in a way that isn’t the best in terms of tax savings. So let me explain what may be a better option. Common Approach
David Witter, founder and CEO of Financial Harvest Wealth Advisors in Winter Park, Florida says that a question he commonly hears is: how do I maximize tax savings while giving to charity?
David Witter, founder and CEO of Financial Harvest Wealth Advisors in Winter Park, Florida, answers a common tax question, “How can I save on taxes if I’m no longer able to do itemized deductions?”