fbpx
U

How to Maximize Your Charitable Giving Under 2018 Tax Changes

March 30, 2018


In this week’s episode of The Money Guy Show, we talk about ways you can align your Army of Dollar Bills with a heart of giving. Being generous and minimizing your taxes can go hand-in-hand if you are thoughtful with the way you give.

We cover how the new tax changes impact your charitable donations and the result it can have on your taxes.  Tune in to this week’s episode to learn how you can maximize your charitable giving under the 2018 tax changes.

Here’s what you’ll find out in this week’s show:

  • Unique ideas on ways you can give and take advantage of tax breaks available
  • Why you should consider gifting appreciated securities and what’s changed starting this year
  • How you can give more to charity and avoid paying Uncle Sam altogether
  • What Charitable Gift Funds (CGF) are, how they work, and the benefits they offer to you and the organizations you gift to
  • How you can leverage CGF for after-tax investments
  • What you can do differently in 2018 than previous years to take advantage of a charitable tax deduction
  • What to do with your Required Minimum Distributions (RMDs)
  • Ways you can handle your legacy planning under the 2018 tax changes

Charities near and dear to The Money Guy Show mentioned on the show:

Preston Taylor Ministries

Currey Ingram Academy

 

Tune In and Go Beyond Common Sense with the Money Guys

This show would not be what it is today without the support of our wonderful listeners. We strive to continue making the show better and your feedback is an important part of that process.

If you have any questions/suggestions/comments/concerns (or just want to say hi!), feel free to reach out to us:  [email protected] and [email protected]. You can also join the conversation on Facebook or connect on Twitter @MoneyGuyPodcast.

If you enjoyed this episode, be sure to join our community! You’ll get immediate access to 15 of our most recent shows, plus you’ll get future podcasts delivered straight to your inbox so you can get in on the action right away.

FILED UNDER: Featured, Podcasts
TAGGED WITH: charitable giving, taxes

Connect

Subscribe

Most Recent Episodes

Financial Advisors React to Caleb Hammer’s CRAZIEST Financial Audits!

In this episode of the Money Guy Show, Brian and Bo sit down to react to a compilation of Caleb Hammer's CRAZIEST financial audits! You don't want to miss this one! Enjoy the Show? Sign up for the Financial Order of Operation (FOO) Online Course! Sign up for our Know...

The Best and Worst Types of Life Insurance!

No matter how much you know about finance, you’ve definitely heard about life insurance: maybe from commercials pitching it as something to buy your baby, or a family member or friend that got into the industry. Is life insurance worth getting or something you should...

How to Recover From 4 HORRIBLE Financial Mistakes!

In our nearly four decades of combined experience managing money, we’ve seen some horrible financial mistakes - here are the four worst we’ve seen first-hand and what you can do to avoid making a similar mistake. In this episode, you’ll learn: The worst financial...

New Data: Active Investments Are Better Than Index Funds?

A new research paper is out that claims active funds from two large providers, Vanguard and Fidelity, beat their own index funds. Are active funds beating index funds? What’s going on here? Let’s find out! For more information, check out our free resources...

Why Americans Are Actually Broke! (2023 Edition)

Americans might be bad with money, but you don’t have to be. In this episode, we discuss the underlying reason why Americans are so bad with money and how you can do it better. In this episode, you’ll learn: Common financial pitfalls you should avoid Practical steps...

Build Wealth With the 3 Bucket Strategy! (By Age) 2023 Edition

We believe there are three distinct taxable buckets you have the option of investing in for retirement. We’ll talk about how to balance those buckets by age and show a case study by age that shows what your buckets may look like! In this episode, you’ll learn: The...

Debt Ceiling Crisis: World’s Financial System at Risk?

Should you be worried about the debt ceiling crisis? Although political leaders have so far been unable to come to an agreement, we'll tell you what history says will happen and what it means for your finances. For more information, check out our free resources...

Financial Advisors React to INSANE Money Advice on TikTok!

Is financial advice on TikTok all bad or is there some good advice out there? Check out our brand new TikTok react show where Brian and Bo give their honest reactions to trending financial advice. Enjoy the Show? Sign up for the Financial Order of Operation (FOO)...

How to Save Thousands of Dollars in Taxes in 2024

Tax season is over for most of us, but that doesn’t mean it’s time to stop thinking about your taxes! Planning out your tax strategy in advance can save you time and money on your taxes. In this Q&A, we’ll discuss the line items on your return to pay attention to...