Good for Your Heart and Your 1040! B It may be better to give than to receive, but it may be even better to give and see your generosity rewarded. Charitable giving can play a valuable role in your financial and tax strategies.… Read More
A basic guide to the potential tax implications (and advantages) of donating to charity There’s financial incentive for Americans to give generously to charity: when you donate to an IRS-qualified 501(c)(3) public charity, including Fidelity Charitable, you are able to take an income tax charitable deduction.… Read More
The end of the year is when a lot of deadlines come up. So, as we head to the end of the year, now is a great time to make sure your financial plan is still on track. And it’s wise to use a checklist to see where you are and what you should do.… Read More
Donating to a cause you care about is rewarding. Unfortunately, not all charities are created equal. Taking the proper precautions before giving ensures that your donations go to the people and organizations you want to help—and that you’re meeting both your personal and financial goals.… Read More
Many Americans think: “The only way to decrease my taxes is to reduce my income.”,  but there’s a better way. You suspect you’re paying too much in taxes, but you make too much money to fall into any of the categories that lead to lower tax payments.… Read More
Once you have provided for your own personal expenses and retirement, it may be time to consider how your money could benefit others.  Giving away some of your money is a great way to support the people and organizations you love.… Read More