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Another article in Kiplinger describes benefits of donating Stock

By November 16, 2011 No Comments

Kimberly Lankford, Contributing Editor at Kiplinger’s Personal Finance describes how When giving a gift, how your investment has fared will make a big difference on your taxes.

She says that the bigger the capital gains, the more advantageous it is to donate stock over cash.

She also says that before a donor gives away stock, they should first make sure the charity is set up to deal with the gift. Some small charities don’t have brokerage accounts and may have a tough time selling the stock or mutual funds.

Read more: http://www.kiplinger.com/columns/ask/archive/2007/q0604.htm

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Important Year End Deadlines

While we always use best efforts to make sure donations are completed timely.  We cannot guarantee that any stock donations that are not initiated before December 20, 2018 will have their processed completed before year end.  Please plan accordingly.