SECU’s Post

How does this work? Let’s explain. Every mortgage we close triggers a 10% of revenue donation to local charities. We stand by our rates and simple process, so once we are done serving you by saving you money - TOGETHER we impact someone in need with the proceeds of your loan. If you’re in the market to refinance - let’s partner! Visit tithelending.com to inquire or contact any team member today! #LowerRates #ServeOthers #MakeImpact #WinWin #Tithe

Suppose an employee expects the following additional deductions during the year: Mortgage interest: $8,000 State and local taxes: $5,000 Charitable donations: $1,500 Total deductions: $14,500 If the #standard_deduction for their filing status (e.g., Married Filing Jointly) is $27,700 (as of 2024), but they expect their #itemized_deductions to total $14,500, they could enter this in Step 4(b) of their W-4 form.

This is one of the best things I've implemented as a business owner and should have done it sooner. This is not a new idea, many businesses give extremely generously to charities and NFPs (we're followers not leaders). We already spoil our clients by giving them access to free credit advice, financial and investment advice. Now giving them the ability to direct a charitable donation is icing on their satisfying cake as a "thanks for letting us help you". [Rather than a bottle of champagne!] The feedback is excellent. Life gets better the more you give, it just feels good, is truly a win/win/win and can even be contagious! The more clients we help as we grow, the greater impact we will have on improving lives. Help us grow and donate by using or referring our services. The wonderful charities we partner with are close to our hearts: Foundation for Alcohol Research and Education (FARE) National Centre for Childhood Grief Parramatta Women's Shelter

It’s an ideal time to begin making moves that could reduce your tax bills for 2024 and 2025. If you itemize deductions, you may be able to deduct medical expenses, state and local taxes up to $10,000, charitable donations, and eligible mortgage interest. But these deductions won’t save taxes unless they’re more than your standard deduction ($29,200 for joint filers, $14,600 for singles and $21,900 for heads of household). You may be able to work around deduction limits by bunching discretionary medical expenses and charitable gifts into the year they’ll do some tax good. For example, if you itemize for 2024 but not 2025, you may want to make two years of charitable contributions this year. https://bit.ly/3TQEiAm

It’s an ideal time to begin making moves that could reduce your tax bills for 2024 and 2025. If you itemize deductions, you may be able to deduct medical expenses, state and local taxes up to $10,000, charitable donations, and eligible mortgage interest. But these deductions won’t save taxes unless they’re more than your standard deduction ($29,200 for joint filers, $14,600 for singles and $21,900 for heads of household). You may be able to work around deduction limits by bunching discretionary medical expenses and charitable gifts into the year they’ll do some tax good. For example, if you itemize for 2024 but not 2025, you may want to make two years of charitable contributions this year. For full article please click here: https://lnkd.in/gSR7JueJ

It’s an ideal time to begin making moves that could reduce your tax bills for 2024 and 2025. If you itemize deductions, you may be able to deduct medical expenses, state and local taxes up to $10,000, charitable donations, and eligible mortgage interest. But these deductions won’t save taxes unless they’re more than your standard deduction ($29,200 for joint filers, $14,600 for singles and $21,900 for heads of household). You may be able to work around deduction limits by bunching discretionary medical expenses and charitable gifts into the year they’ll do some tax good. For example, if you itemize for 2024 but not 2025, you may want to make two years of charitable contributions this year. https://bit.ly/3XWoUVq

It’s an ideal time to begin making moves that could reduce your tax bills for 2024 and 2025. If you itemize deductions, you may be able to deduct medical expenses, state and local taxes up to $10,000, charitable donations, and eligible mortgage interest. But these deductions won’t save taxes unless they’re more than your standard deduction ($29,200 for joint filers, $14,600 for singles and $21,900 for heads of household). You may be able to work around deduction limits by bunching discretionary medical expenses and charitable gifts into the year they’ll do some tax good. For example, if you itemize for 2024 but not 2025, you may want to make two years of charitable contributions this year. https://bit.ly/3XWoUVq

It’s an ideal time to begin making moves that could reduce your tax bills for 2024 and 2025. If you itemize deductions, you may be able to deduct medical expenses, state and local taxes up to $10,000, charitable donations, and eligible mortgage interest. But these deductions won’t save taxes unless they’re more than your standard deduction ($29,200 for joint filers, $14,600 for singles and $21,900 for heads of household). You may be able to work around deduction limits by bunching discretionary medical expenses and charitable gifts into the year they’ll do some tax good. For example, if you itemize for 2024 but not 2025, you may want to make two years of charitable contributions this year.https://bit.ly/4gIZrGh

It’s an ideal time to begin making moves that could reduce your tax bills for 2024 and 2025. If you itemize deductions, you may be able to deduct medical expenses, state and local taxes up to $10,000, charitable donations, and eligible mortgage interest. But these deductions won’t save taxes unless they’re more than your standard deduction ($29,200 for joint filers, $14,600 for singles and $21,900 for heads of household). You may be able to work around deduction limits by bunching discretionary medical expenses and charitable gifts into the year they’ll do some tax good. For example, if you itemize for 2024 but not 2025, you may want to make two years of charitable contributions this year. https://bit.ly/3XB100t

It’s an ideal time to begin making moves that could reduce your tax bills for 2024 and 2025. If you itemize deductions, you may be able to deduct medical expenses, state and local taxes up to $10,000, charitable donations, and eligible mortgage interest. But these deductions won’t save taxes unless they’re more than your standard deduction ($29,200 for joint filers, $14,600 for singles and $21,900 for heads of household). You may be able to work around deduction limits by bunching discretionary medical expenses and charitable gifts into the year they’ll do some tax good. For example, if you itemize for 2024 but not 2025, you may want to make two years of charitable contributions this year. https://bit.ly/3XWoUVq