|
NASA just put a 30-day clock on a $700 million Mars contract, and the deadline tells you everything about how scared the agency is of losing its relay orbiters before astronauts arrive Space DailyNASA releases final RFP for Mars communications orbiter SpaceNewsNASA Draws on Industry for Mars Telecommunications Network NASA (.gov)W
|
|
Bill Cassidy: Republican senator who voted to convict Trump battles for re-election in Louisiana BBCTrump's drive for political revenge faces a key test in Saturday's Louisiana Senate primary CNNLive results: Cassidy fights for political life in Louisiana Senate GOP primary The HillCassidy defiant as Trump's revenge campaign closes in Politico
|
|
Oil markets may face moment of truth in June. Brace for a 'non-linear' price spike and panic buying FortuneThe Countries Profiting From the War Oil Shock, as Others Lose Out The New York TimesMapping the Iran war's trade disruption The EconomistGlobal oil stockpiles could hit record lows if Strait of Hormuz remains closed CNBC
|
|
Jerome Powell will be remembered for how the struggles against inflation and to preserve Federal Reserve independence ultimately end.
|
|
The deal, which Beijing has not commented on, would be a major win for Boeing, which has lost ground to Airbus in one of the world's largest aviation markets.
|
|
When professional baseball player Austin Barnes extended his contract with the Los Angeles Dodgers for another two years, he specifically included in the agreement a commitment on his part to make charitable donations.
That was a generous move and a financially savvy one all at the same time. He can put his money to work helping causes he believes in, while also enjoying tax advantages.
SEE MORE Which Type of Donor-Advised Fund Is Right for You?
Most of us don't have multimillion-dollar professional sports contracts like Barnes, but there are ways to increase your own donations and, at the same time, reduce your tax bill.
After all, you probably have a cherished cause — a church, an animal rescue organization, a homeless shelter or some other nonprofit — that you want to help. With charitable donations, you can choose specifically how your money is put to use, which isn't the case with your tax dollars, which just go into the big tax pot in Washington.
Think of it this way: If you were told that you aren't going to be able to keep $10,000 anyway, wouldn't you prefer to have a say in exactly how it is spent?
With that in mind, here are five ways to make charitable giving a key part of your financial plan:
1. Set up a donor-advised fund (DAF)
This is a strategy that isn't put into play often enough, in part because many people don't know about it. A donor-advised fund allows you to make a sizable charitable donation that you can claim immediately as a tax deduction. The money isn't donated immediately, though. Inste
|
|