Help clients make the most of 2020 charitable giving
Journal of Accountancy Podcast · AICPA & CIMA
December 16, 202012m 26s
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Show Notes
As the year draws to a close, many clients are pursuing charitable giving. Mike Landsberg, CPA/PFS, partner at Homrich Berg in Atlanta, discusses what he's seeing in terms of charitable giving this year, how the Coronavirus Aid, Relief, and Economic Security (CARES) Act, P.L. 116-136, has affected giving, and how clients can use giving to save on taxes while contributing to causes that matter to them.
What you'll learn in this episode:
- Why 2020 is a good year to give to charity. (1:43)
- How the CARES Act has affected charitable giving. (2:47)
- Giving strategies clients can use to save on their taxes (5:03), even if they're not high-net-worth. (8:25)
- How to start talking about charitable giving with your clients. (8:59)
- One way to help clients specifically interested in COVID-19 relief. (11:11)