As the season of gratitude approaches, we’re reminded that giving isn’t confined to a single day, a donation drive, or a line item on a budget. True generosity — the kind that strengthens communities and enriches our lives — is a way of living. In a recent episode of Money Isn’t Scary, our colleague Meghan [...]
It’s difficult to turn on the news these days without seeing the crisis in Ukraine unfold. We’ve had several clients reach-out with interest in supporting relief efforts in Ukraine and accordingly wanted to send out a message with some resources if you are considering donating. Fidelity Charitable has produced a page on their website to [...]
Late last night the Senate passed an economic stimulus package which is expected to be passed by the House and voted into law. Most importantly, we want to focus this update on areas that will be helpful to those most impacted. We’ve been reading through the broad array of information in the 883 page bill! [...]
I feel so fortunate to be surrounded by such a smart and talented team at Single Point. Each day, I get to witness firsthand what an exceptional planner Seth Corkin is, it is great that the rest of the financial planning world is able to get a little glimpse. I want to share with you that [...]
The tax law changes at the end of 2017 drastically changed the landscape for deductible expenses – these changes have a major impact on tax optimization and planning strategies going forward. Back-up – what are deductions? Taxpayers have two deduction options when filing a return. They can take the standard deduction (a flat amount based on [...]
Recently the WSJ published this article focusing on Donor Advised Funds that we wanted to share.http://online.wsj.com/news/article_email/tax-smart-philanthropy-made-easy-1408728248-lMyQjAxMTA0MDIwMjEyNDIyWj?tesla=yThe article highlights the ways Donor Advised Funds (DAF) can help simplify & organize your family's charitable giving. It also outlines how utilizing DAFs can help maximize the tax impact of the gifts you make.We have seen this impact firsthand in helping clients establish and manage DAFs. Companies like [...]
