Gifts that Reduce Taxes

Giving Non-Cash Assets

Most people give to charity in the form of cash because it is so familiar. However, this may not be the most cost-effective way for you to give. You can increase your potential impact – and experience significant tax savings – by giving non-cash assets.

Examples of Non-Cash Assets

  • Stock or marketable securities
  • Real estate
  • Business interests
  • Farm commodities
  • Cryptocurrency
  • Retirement benefits, such as Gifts From Your IRA

Benefits of Giving Non-Cash Assets

  • Tax-wise. Receive a fair market value deduction and avoid the tax liability on the sale of appreciated assets.
  • Eliminate hassles. Give assets you no longer need or care to manage (such as rental properties or vacation homes) for the benefit of your favorite causes.
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