People say it every December and it continues to be true: This past year went by so fast! It’s hard to believe we are approaching another 12/31 and thinking once again about how to reduce taxes while supporting your favorite charities (like Duke!) before the tax year ends. Here are some ideas: Donating publicly traded […]

While most gifts to charities like Duke are tax deductible, other gifts–like those to family and friends–may actually increase your tax liability. The IRS recently released this Tax Tip to help taxpayers determine whether gifts of money or property are subject to federal gift tax. As one example, generally speaking, gifts to another person are not […]

With President-Elect Donald Trump preparing to enter the White House, and with Republican majorities in both houses of Congress, we can expect a robust discussion regarding changes to the Internal Revenue Code (a.k.a. taxes) in the year ahead. Many of the details being discussed would affect the tax benefits currently available for charitable giving. I’ve […]

As the year draws to a close, you may consider making a tax-efficient gift to Duke through a life income gift known as a charitable gift annuity (CGA). CGAs provide a meaningful way to support Duke’s future while allowing you to secure a fixed income for you and your loved ones. When you establish a […]

There are many reasons why we choose to give to charity.  At the forefront for most is the satisfaction of knowing it is making a difference in the lives of others.  The U.S. gave an estimated $358.4 billion to charity in 2014, which surpassed the peak giving level seen before the Great Recession, according to […]

Most Americans create their first will when they have children or after they have accumulated some assets, typically no later than the age of 40.  Sadly, many people forget about it thereafter. Some think that updating estate plans will be too time-consuming or costly.   Others just don’t want to think about death or procrastinate […]