Charitable Giving: Smart from the Heart
Do you have causes that you want to support with donations?
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It’s an exciting time for American investors. Recent years have seen a boom in Americans investing in the stock market, with Goldman Sachs estimating U.S. households will spend $400 billion on equities in 2021, averaging an eyebrow-raising 44% allocation of their total assets to stocks. Between new technologies (like mobile trading apps) lowering the bar to entry and “meme stock” trends raising awareness, it’s no wonder so many people are waking up to the power and potential of investing.
Are your employees experiencing financial stress? To answer this question, companies are increasingly offering financial wellness training to employees.
Here are some examples of deductions from the IRS that were permitted and some that were, uh, too creative.