Donating Company Stock To Charities

Donating stock to charities is better than cash. The blog https://lnkd.in/djq6xxs from myStockOptions explains the process, tax, and SEC rules.

With the likelihood of tax reform and lower taxes from 2017 onward under the new president and Congress, the general year-end strategy in 2016 is to defer income and accelerate deductions. Deductions are more valuable this year if you predict that tax rates be lower next year. One popular tax deduction to accelerate into 2016 is charitable giving, which employees and executives and do with their company stock.