))
Money & Meaning: Unlocking Donor Advised Funds
Manage episode 483899304 series 3627037
Content provided by Tim Provost, CPA, Tim Provost, and CPA. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tim Provost, CPA, Tim Provost, and CPA or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.
Donor Advised Funds: The Basics and More
Charitable giving becomes truly powerful when strategy meets generosity. Tax Director Lisa Behan from MP CPAs joins us to unpack the often-overlooked financial tool that's changing how smart philanthropists approach their giving: Donor Advised Funds (DAFs).
The conversation dives deep into strategic approaches that can dramatically increase the power of your giving. Lisa shares brilliant tactics like "bunching" multiple years of charitable contributions into high-income years, contributing appreciated assets to avoid capital gains tax, and navigating the post-2018 tax landscape where standard deductions have changed the game for many givers. Whether you're facing a windfall year from a business sale or simply want your regular charitable giving to have a greater impact, these strategies could save you thousands while increasing what reaches your favorite causes.
Ready to transform your giving from reactive checkbook charity to strategic philanthropy? This episode provides the roadmap you've been looking for.
To learn more about MP CPAs visit:
https://thempgroupcpa.com/
MP CPAs
413-739-1800
Chapters
1. Introduction to Knowing What Counts (00:00:00)
2. Understanding Donor Advised Funds Basics (00:00:55)
3. Tax Advantages and Asset Contributions (00:03:13)
4. Tax-Saving Strategies with DAFs (00:07:49)
5. Additional Benefits and Convenience Factors (00:12:38)
6. Closing and Contact Information (00:14:18)
8 episodes
Share
