The Charitable Income Tax Deduction is under attack. Serious attack.
Right now, Congress and the President are looking for revenue wherever they can find it, and they're turning their attention to the charitable sector. Members of Congress met regularly last week and openly discussed how to effectively limit or even eliminate the Charitable Deduction for taxpayers ... a move that could devastate U.S. charities across the board.
Many business owners have a heart to give charitably but feel hindered by their limited cash flow and the high taxation of their businesses. But our Charitable Shareholder strategy allows you to donate a non-voting interest in your business, receive ... read more