Coronavirus has hurt charitable giving and sent need soaring. Here are some tax-advantaged giving strategies you might not know about

“As we enter the holiday season, our thoughts naturally turn to charitable giving. This year — clearly a highly unusual one in so many ways — there is even more need to carefully review philanthropic options that also have tax advantages.

Taxpayers have until the end of the year to meet IRS deadlines, take advantage of tax rates that are locked in and qualify for charitable vehicles that are currently in place.

Interest rates are historically low and a 10-year Treasury rate of less than 1 percent won’t last forever. Such rock-bottom rates may help some taxpayers receive extraordinary tax benefits from certain charitable vehicles.”

 → Read the full article at MarketWatch for two strategies that could help you gain a significant edge on your tax bill this year.