Charitable Deductions

Charitable Deductions

Many of us make donations to chartities, in cash or in other forms.  The Internal Revenue Service recognizes many of these as legitimate tax deductions, but with specific rules.  Deductions may be made to organizations such as Goodwill Industries, the Salvation Army or other registered not for profits,but not not every donor or contribution is recognized — as noted in a February article in the Wall Street Journal.  Taxes: Making the Most of Your Charitable Deductions

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THIS INFORMATION IS AS GENERIC AS POSSIBLE; NEVERTHELESS, INDIVIDUALS SHOULD CONSULT US OR THEIR OWN INVESTMENT COUNSEL REGARDING PERSONAL CIRCUMSTANCES PRIOR TO ACTING.

Anchor operates on a fee-only basis: financial planning services are offered for a quoted price and investment management services are recognized as a percent of assets under management.

Anchor Captial Management, LLC, is a mid-sized, client centered firm, working closely with individuals, families, multi-generation families, and small institutions to plan the accumulation and management of wealth to meet long term plans and objectives.

323 Taughannock Blvd, #8
Ithaca, NY 14850
anchorithaca.com
Phone: (607)-272-0004