Monday, November 29, 2010

Fantastic way to help support LASPCA!

Santa's Paws Are Perfect Gifts

Not your traditional Cyber Monday shopping Web site, the LA/SPCA Shop page gives you the opportunity to give back this holiday season.

Top Five Year-End Gift Ideas
For those who itemize deductions, a gift is deductible on your income tax return in the year in which it is made. Why does the tax deduction help? Because it decreases your out-of-pocket cost of donating a charitable gift. Generally, the effect of the deduction is that the higher your income tax bracket, the more you will save in taxes. Five gift ideas to consider before December 31, 2010:

  1. Cash: Nothing is as simple and direct as giving cash.
  2. Securities: The best stocks to donate are those that have increased greatly in value.
  3. Life Income Gifts: By placing property in a life income gift vehicle, you receive income while making a generous gift.
  4. Real Estate: your property can open the door to some unique giving opportunities.
  5. Life Insurance: A no-longer-needed life insurance policy is a practical gift.

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