On this episode of the Taylored Tax Show podcast, Terrence Taylor and Big Al discuss the tax savings potential of making political donations for highly paid and high net worth taxpayers. They explore how strategic donations can lead to tax benefits including capital gain savings. Tune in to learn how to maximize tax advantages while supporting political causes.
“Strategy does allow for 501c4s and affiliated 501c3s to support each other through donations."
Highlights:
[00:01:00] Political donations and tax savings.
[00:07:22] 501c4s as donation vehicles.
[00:09:43] Tax-saving strategies for donations.
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