Dec 23, 2017
Act Now! Don't Miss This Opportunity to Make a Difference
It’s Not Too Late
Tax reform is here. As with any economic change, you may be looking at your finances and wondering how you will be impacted. With this new legislation, the tax benefits of your 2018 charitable giving may be impacted, particularly if you itemize today.
To make sure you see a tax break for this year (when you itemize deductions on your income tax returns), you must make your gift before Dec. 31.
Here are a few important things to keep in mind:
Credit Card: A last-minute gift can be made online through Dec. 31 by visiting our website at [insert website].
Checks: If you plan to send a last-minute gift by mail, we recommend that you send your gift via the U.S. Postal Service with a postmark on or before Dec. 30 (the last day post offices are open).
Securities: If you plan to make a gift of stock or mutual funds, we recommend you initiate the transfer as soon as possible, to allow time for processing and to ensure the transfers are executed by Dec. 29 (the last business day of the year).
Talk With Your Tax Professional Please consult with your tax or financial advisors to determine if increasing or accelerating your giving in 2017 is beneficial for your particular situation.