Some donors are interested to learn that by donating stock to United Voices for Newcomer Rights, they can avoid the capital gains tax they would have to pay on any increase in value of stock since being purchased. This is a good option for some, since they may have stock that’s appreciated in value over time, they aren’t using it for day-to-day expenses, and they are hesitant to redeem it because of a big tax bill. By adding stock to your donation, you can help us further our mission while avoiding some taxes. Have you considered stock donation or spoken with your financial advisor about the benefits?
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