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I always find it amusing that people will give up tens of thousands or hundreds of thousands of dollars so they can save a few thousand in taxes.
by gamblor956 3y ago
I always find it amusing that people will give up tens of thousands or hundreds of thousands of dollars so they can save a few thousand in taxes.
- yieldcrv 3y agopopulating tax deferred and tax exempt accounts is more important for me if its not for you then employ a different strategy
- gamblor956 3y agoI'm not referring to your use of your retirement accounts. I'm referring to your choice to donate hundreds of thousands to charity so you can save a few thousand on your taxes.
- yieldcrv 3y agodonor advised funds are under your control your own private foundation would be under your control as well and can pay a salary - taxed as normal ordinary income - whenever that becomes important to you