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Donation Value Guide Form

Donation Value Guide Form

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Instructions and help about itsdeductible printable list

one strategy that high income earners save on taxes is through a charitable giving strategy as an example suppose you earn 1 million a year you can only write off 500 000 by giving it to charitable causes in a 40 tax bracket that could mean saving hundred thousand dollars but it may not be easy giving away half a million dollars set up a charitable giving program and it's gonna cost you about fifty thousand dollars then what they do is they find a corporation that will lend you one million dollars you then take that one million and donate it to charity you get a 500 000 tax deduction you would have paid 200 000 in taxes it cost you about 50 000 to do the program so in the end you save 150 taxes legally ethically and you help the charity then you can take that 150 000 put it into a leveraged live program and now you can grow that money tax-free forever let me show you how to do it

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