Donor-Advised Funds Versus Private Foundations

While many financially successful people have philanthropic leanings, most tend to shy away from the more sophisticated tax-advantaged vehicles used to make charitable contributions.  One reason may be the erroneous belief that these strategies are reserved for the likes of Bill Gates and Warren Buffett. 

Bartering – A Cash Flow Aid?

Bartering.  It is more than likely that you have heard this term before.  I would also bet that you have bartered at least one time in your life.  Think back to elementary school when you switched sandwiches with another student just to add variety to your life.  

Are Donations to a GoFundMe Account Deductible?

As we enter the New Year, many people and families face economic hardships and challenging circumstances.  Being generous with our time, talents, and treasures should be something we all strive to do.  Sometimes it’s as simple as lending someone a helping hand.  Other times we may be willing to donate our financial assets to others.  When you do donate money, it not only helps certain individuals or organizations, but it may have a beneficial impact on your tax return.  One popul

Life Insurance in Your Business

Benjamin Franklin once said “…nothing can be said to be certain, except death and taxes!” 

Charitable Contributions of Food Inventory

As we come to the end of another year, many business owners are thinking of additional ways to reduce taxes. Owners are also considering how to give back to their communities.  Charitable contributions present an opportunity to combine both goals.

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