Donating stock that is worth more than you paid for it and has been owned for more than a year generally offers exceptional tax savings.
Outright gifts of appreciated stock let you bypass capital gains tax that could be due if you sold an asset.
You might also be entitled to a charitable deduction based on the property’s current value.
When contemplating a donation to The Horizons School, consider gifting stock.
For more information, please contact Katie Cusimano at (205) 322-6606 or email@example.com.