i guarantee you it was a stock transfer, that's where the real tax write-offs come in.
you give a $200k donation, get a $200k writeoff, saves you about 50% (100K) in taxes you owe, so it's like the government is kicking in $100k and you are kicking in $100k and whatever the govt would otherwise spend the $100K on goes unfunded.
i guarantee you it was a stock transfer, that's where the real tax write-offs come in.
you give a $200k donation, get a $200k writeoff, saves you about 50% (100K) in taxes you owe, so it's like the government is kicking in $100k and you are kicking in $100k and whatever the govt would otherwise spend the $100K on goes unfunded.
Those are limited to $25k/day for my current bank. Are those not limited elsewhere?
That's only a default limit. You can talk to your bank to allow more, e.g. for buying a house or a car.
¯\_(ツ)_/¯ maybe he paid with a Centurion Card! Who knows.
No.