How to maximize the tax benefits of your end-of-year charitable donations [Video]
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How to maximize the tax benefits of your end-of-year charitable donations [Video]

It’s the season of giving, which can feel good and help you down the road when you fill out your tax forms. Now is the time to think about your donation plan and make your contributions count.

If you plan to donate either your time or money to a reputable charity, there are a lot of benefits. The IRS allows you to deduct up to 60% of your taxable income with charitable contributions. To make the most of the existing tax benefits, you’ll need to plan ahead and stay organized.

Sabino Vargas is a senior financial adviser for Vanguard. He says the worst mistake you can make when making charitable contributions this time of year is not being strategic.

That means planning and fully exploring the potential tax benefits. Vargas says it’s critical to take inventory of your accounts. You can then consider whether donating stocks instead of cash or a check is more beneficial. “You may be able …

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Remarks by José Andrés at WCK’s Celebration of Life Service at Washington National Cathedral [Video]
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Remarks by José Andrés at WCK's Celebration of Life Service at Washington National Cathedral [Video]

Founded in 2010 by Chef José Andrés, World Central Kitchen (WCK) is a nonprofit organization that is first to the frontlines providing fresh meals in response to crises, while working to build resilient food systems with locally led solutions. Applying our model of quick action, leveraging local resources, and adapting in real time, WCK has served hundreds of millions nourishing meals around the world. __Follow WCK:Website: https://wck.org/Instagram: https://instagram.com/wckitchenTwitter: https://twitter.com/WCKitchenFacebook: https://facebook.com/worldcentralkitchenTikTok: https://www.tiktok.com/@wckitchen

WCK Celebration of Life at Washington National Cathedral [Video]
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WCK Celebration of Life at Washington National Cathedral [Video]

World Central Kitchen held an interfaith Celebration of Life to honor our heroes killed in Gaza. The memorial service was held at the National Cathedral in Washington, DC on Thursday, April 25. The memorial service honored Saifeddin Issam Ayad Abutaha of Palestine, John Chapman of Britain, Jacob Flickinger of the U.S. and Canada, Lalzawmi “Zomi” Frankcom of Australia, James Henderson of Britain, James Kirby of Britain, and Damian Soból of Poland.__Founded in 2010 by Chef José Andrés, World Central Kitchen (WCK) is a nonprofit organization that is first to the frontlines providing fresh meals in response to crises, while working to build resilient food systems with locally led solutions. Applying our model of quick action, leveraging local resources, and adapting in real time, WCK has served hundreds of millions nourishing meals around the world. __Follow WCK:Website: https://wck.org/Instagram: https://instagram.com/wckitchenTwitter: https://twitter.com/WCKitchenFacebook: https://facebook.com/worldcentralkitchenTikTok: https://www.tiktok.com/@wckitchen