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Donor-Advised Funds: Optimize Your Charitable Giving and Save On Taxes

Cordant Wealth Partners

We also get you up to speed on the tax benefits of using a DAF. If you've heard of a DAF and are curious about incorporating it into your giving and tax planning strategy, this article is for you. Key Takeaways: Contributions to a donor-advised fund reduce your tax bill in the year your contribution is made.

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Weekly Market Insights | October 14th, 2024

Cornerstone Financial Advisory

When sold, investments may be worth more or less than their original cost. Notably, if you’re currently paying off the debt or are contesting a tax bill in court, you should not be affected. However, anyone under an IRS tax lien could find their ability to travel hampered. They’re also an excellent source of folate.

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Weekly Market Insights: September 2nd, 2024

Cornerstone Financial Advisory

When sold, investments may be worth more or less than their original cost. Food for Thought… “Nothing will ever be attempted, if all possible objections must be first overcome.” This information is not intended to be a substitute for specific, individualized tax advice.

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Weekly Market Insights – September 4, 2023

Cornerstone Financial Advisory

” – Aristotle Protect Your Tax Data Protecting your data is very important in today’s digital age. The Internal Revenue Service shared guidelines tax pros should follow to protect taxpayer data. This information is not intended to substitute for specific individualized tax advice. a Registered Investment Advisor.

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Weekly Market Insights – December 18, 2023

Cornerstone Financial Advisory

Core inflation, which excludes energy and food prices, came in a bit hotter, rising 0.3% jump in food prices. Excluding energy and food, the monthly increase was also unchanged. ” – Charles Schulz Tax Benefit And Credits: FAQs For Retirees Lots of questions can come up about income taxes after one has retired.

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Weekly Market Insights – July 22nd, 2024

Cornerstone Financial Advisory

Food for Thought… “We are what we repeatedly do. ” – Aristotle Tax Tip… Protect Your Tax Data The Internal Revenue Service (IRS) shared guidelines that tax pros should follow to protect taxpayer data, but these principles are sound for everyone to practice. a Registered Investment Advisor.

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Weekly Market Insights: September 9th, 2024

Cornerstone Financial Advisory

When sold, investments may be worth more or less than their original cost. Food for Thought… “Give what you have to somebody; it may be better than you think.” This information is not a substitute for individualized tax advice. Please discuss your specific tax issues with a qualified tax professional.