How to Maximize the Charitable Tax Deduction | Rob.CPA

In this video, I will walk through an example tax return showing the impact of a taxpayer making charitable contributions that itemizes their deductions vs. taking the standard deduction.
Also, I will show a change in the 2022 tax returns for those that take the standard deduction and contribute to charities. They will lose a deduction this year.

About my channel:
Rob CPA channel was created with a mission to provide viewers with accurate content so they can be proactive in their tax planning strategies and build financial wealth. The video topics I selected reflect real-world issues that I’ve seen our clients experience relating to their personal tax returns, retirement plans, and accounting.

The channel allows me to share my passion for taxes, personal finance, and accounting. I create content I wish schools and entrepreneurship programs/accelerators would teach their students and companies. I take complex topics and simplify them for the viewers as well as show examples.

I will be covering the following topics:

- Personal & business tax planning tips;
- Personal finance;
- Accounting;
- Investing;
- Entrepreneurship

#taxes #taxdeduction #taxdetuctions