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Donating Stock to United Way Saves You Money
With capital gains tax savings, employees have a great way to donate gifts of stock. Give $1,000 of stock and the after tax cost of your gift is only $570 vs $1,000 of cash and your after tax cost is $720. Given the tax bite of cashing in stock it really pays to give stock. United Way of America has a terrific little link that automatically calculates the tax savings for you--http://stock.unitedway.org/

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