Thank you so much for your kind words! We're glad that we could provide you with the information you needed and assure you of your knowledge. It's always a pleasure to have clients like you!
Thank you so much for your kind words! I'm glad that the segment was helpful for you and that you feel confident in what you're doing. Keep up the great work!
Hi Toby! Big fan. Quick q: Do you all keep a playlist somewhere of all the recorded tax tuesdays in full? I can never watch them live but love going back and watching them after. Thank you!
You guys are amazing I love your content and thank you so much for making them available for free on TH-cam. The only thing that I will say I tried to open my 501 C3 with you guys and you were charging $6,000 for it. I little bit too much for me. Thank you again
Toby, for the purpose of setting up a mini sanctuary, could you under a 501c3 buy land and build and how much of a tax deduction are we looking at? Thanks for the excellent content 🙌
I believe through my faith of giving and helping others through different means. Can I for a non profit where I can control where it goes through my faith or a faith based organization?
Disabled, veterans, minorities Supporting children and families of children living with physical differences, developmental delays and mental health conditions. Specific disability limb loss and limb differences, Autism Spectrum Disorder, ADHD
Hey there! I'm interested in knowing what's the best way possible to make a charitable contribution to our family owned NON profit for 2023? And when is it technically to late?
Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. Visit: aba.link/d1a428
With a Donor Advised Fund (DAF) you contribute assets to a fund managed by a sponsoring organization, such as a community foundation or financial services company. You then recommend grants to eligible charities from the fund over time. This gives you control over when and how much you donate to different charities. Direct giving involves donating directly to a charity without an intermediary, giving you less flexibility but a more immediate impact.
I would recommend setting up a free consultation to talk about some strategies and how they apply to your unique situation. Sign up here: aba.link/d1a428
Great question, to assist you further, I highly recommend you request a free 45-minute consultation to discuss this with my team so we can provide you with an answer that is unique to your situation. Visit: aba.link/d1a428
Thank you for considering starting a nonprofit for historical preservation. I recommend setting up a free consultation to discuss some strategies and how they apply to your unique situation. aba.link/d1a428
Love this channel. Can someone donate their IRA into the 501c3 without tax? For example, someone is of age where they can pull from a traditional IRA. Could they donate some or all of that stock to the 501c3?
You can donate up to $100k per year of RMDs as a Qualified Charitable Distribution (must be 70.5yrs old). Each spouse who qualifies can do this. The reason you contribution this way versus taking a taxable distribution is that when you make a QCD, 100% of the money is removed from the return versus 20,30,50 or 60% depending on the type of charity and asset contributed. Otherwise, you have to take a taxable distribution and donate the cash. This would likely bump you up against the 60% AGI limit for cash donations to public charities or 30% to private foundations. Hope this helps:-)
Would you like to learn more about this topic and talk to someone? Schedule a free consultation here: aba.link/d1a428
Thank you Toby and the crew for all you have shared with me as a client, along with assuring the knowledge I knew was correct! 🔥😜 💯
Thank you so much for your kind words! We're glad that we could provide you with the information you needed and assure you of your knowledge. It's always a pleasure to have clients like you!
Wealth of knowledge! Great segment that helped me understand we are doing it right!
Thank you so much for your kind words! I'm glad that the segment was helpful for you and that you feel confident in what you're doing. Keep up the great work!
Excellent!
Hi Toby! Big fan. Quick q: Do you all keep a playlist somewhere of all the recorded tax tuesdays in full? I can never watch them live but love going back and watching them after. Thank you!
Yes we do! th-cam.com/play/PLmje7Bbplo8kQvOB-FOY3sbBstKbD9WYX.html
You guys are amazing I love your content and thank you so much for making them available for free on TH-cam. The only thing that I will say I tried to open my 501 C3 with you guys and you were charging $6,000 for it. I little bit too much for me.
Thank you again
Thank you for your kind words! We appreciate your support and understanding.
Can you deduct the cost to set up the 501 C3?
I love this content, thank you for sharing!
Awesome job Toby. Having Karim as the resident expert with Anderson (ex IRS :) was insightful!!!
Karim rocks:-) Super nice guy and a true professional when it comes to helping people.
Very very informative. I have a 501c3 and I’m still learning allot. Thank you so much
Thanks for watching!
Toby, for the purpose of setting up a mini sanctuary, could you under a 501c3 buy land and build and how much of a tax deduction are we looking at?
Thanks for the excellent content 🙌
I believe through my faith of giving and helping others through different means. Can I for a non profit where I can control where it goes through my faith or a faith based organization?
I would like a cat Charity.
Excellent topic team.
I have a non profit and want to donate to a non that is going to work with disaster relief. Do I call them or do they need to ask me?
How do you own the charity? I live in California.
Hey! I suggest scheduling a free 45-minute consultation with my team. We’ll provide advice tailored to your specific situation. Visit aba.link/d1a428
Disabled, veterans, minorities
Supporting children and families of children living with physical differences, developmental delays and mental health conditions. Specific disability limb loss and limb differences, Autism Spectrum Disorder, ADHD
A catopia or digtopia?
I'm a 501c3 on fixed income. How can I get access to your help? Any plans for me?
Give my team a call today. aba.link/d1a428
Great video
Glad you enjoyed it
Hey there! I'm interested in knowing what's the best way possible to make a charitable contribution to our family owned NON profit for 2023? And when is it technically to late?
Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. Visit: aba.link/d1a428
How many organizations in one year both US and international?
We can definitely assist you in organizing your 501(c)(3) effectively! Visit: aba.link/d1a428
I need some Karim in my coffee
I’m confused. What’s the difference between creating a donor fund vs giving directly to a charity?
With a Donor Advised Fund (DAF) you contribute assets to a fund managed by a sponsoring organization, such as a community foundation or financial services company. You then recommend grants to eligible charities from the fund over time. This gives you control over when and how much you donate to different charities. Direct giving involves donating directly to a charity without an intermediary, giving you less flexibility but a more immediate impact.
what form and line do you show your donation to your non profit
I would recommend setting up a free consultation to talk about some strategies and how they apply to your unique situation. Sign up here: aba.link/d1a428
can I do a charity to help younger kids to start working out and getting fit out of my home gym?
Great question, to assist you further, I highly recommend you request a free 45-minute consultation to discuss this with my team so we can provide you with an answer that is unique to your situation. Visit: aba.link/d1a428
If I start a nonprofit for historical preservation, can that nonprofit contribute funds to repair a building that is privately owned?
Thank you for considering starting a nonprofit for historical preservation. I recommend setting up a free consultation to discuss some strategies and how they apply to your unique situation. aba.link/d1a428
Love this channel. Can someone donate their IRA into the 501c3 without tax? For example, someone is of age where they can pull from a traditional IRA. Could they donate some or all of that stock to the 501c3?
You can donate up to $100k per year of RMDs as a Qualified Charitable Distribution (must be 70.5yrs old). Each spouse who qualifies can do this. The reason you contribution this way versus taking a taxable distribution is that when you make a QCD, 100% of the money is removed from the return versus 20,30,50 or 60% depending on the type of charity and asset contributed. Otherwise, you have to take a taxable distribution and donate the cash. This would likely bump you up against the 60% AGI limit for cash donations to public charities or 30% to private foundations. Hope this helps:-)
How do you stop your board from throwing you out like James O'Keefe was?
Make sure your bylaws have you as a founder with veto powers:-)
Can I donate into my 501c3 and pay children’s private education through the 501c3?
That's a great question. I recommend you connect with our team to get this question answered.
Email: nonprofits@andersonadvisors.com
I would love to have a conversation with Karim about my current non-profit. Please contact me.
Great information!!!!
Thanks!
You know I'm not in an organization but I'm on disability and I don't make a profit can't I claim non-profit??.
Hey, I would recommend you give my team a call so we can provide you the best answer. Visit: aba.link/d1a428
Shouldn't everybody on Social Security be non-profit