Donate Stock, Not Cash, for Big Tax Savings | Durham News

Americans are donating more to charity than ever—but many are unknowingly wasting money by selling stocks first. Selling triggers capital gains taxes, slashing your deduction and charity’s benefit. Donating appreciated stock directly avoids taxes, giving you a full deduction and the charity the full value. For big portfolios, this can save hundreds of thousands. New 2026 tax rules will cap deductions for high earners, making this strategy even more urgent. Consider donor-advised funds to lock in tax benefits while keeping giving flexible. Talk to your advisor today. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/833c4cd1e94689ac