27 March
0 Comments
Donating Appreciated Stock
(Republished in part from Vegas PBS Source Magazine, October 2011) Donating appreciated stock to charity is a sure way to generate a little tax relief for yourself. If you do decide to donate stock, here are a few important points to consider before making your gift. Make sure the stock has appreciated. If the stock has fallen in value since you purchased it, you may be better off selling the stock first to generate a capital loss. Then, if you desire, you can donate the proceeds to charity. Select long-term stock. If you have owned the stock for more than one year before making...
Continue reading