Tax-Efficient Charitable Giving by A. Scott White, CFP®, ChFC®, CLU® President, Scott White Advisors The Tax Cuts and Jobs Act of 2017 transformed the U.S. tax code, doubling the standard deduction—the limit taxpayers must reach in order to itemize deductions on their tax return. For 2019, the standard deduction is $24,400 for married couples filing […]
5 Reasons to Fulfill Your Philanthropic Vision with a Community Foundation
5 Reasons to Fulfill Your Philanthropic Vision with a Community Foundation by A. Scott White, CFP®, ChFC, CLU If you want to support your local community with charitable donations, you may want to consider partnering with your local community foundation. Organized as a nonprofit philanthropic entity for the broad-based public benefit of the residents […]
How to Evaluate Charities for Year-End Donations: 5 Steps to Streamline Your Process
How to Evaluate Charities for Year-End Donations: 5 Steps to Streamline Your Process by A. Scott White, CFP®, ChFC, CLUv As the holiday season approaches, your mailbox and email will fill with donation requests from charities. Lots of charities. In its 2016 Data Book the IRS reported that there are 1.8 million registered nonprofit organizations, […]
How to be a Gift Maker
How to be a Gift Maker by A. Scott White, CFP®, ChFC, CLU I was honored to be part of the recent Gift Makers photo and newsletter article with the Southwest Florida Community Foundation (SWFLCF). They are using the term Gift Maker for those who make gifts happen or create other charitable opportunities to benefit […]