10 Ways To Reap Huge Benefits From A 501(c)(3)

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10 Ways To Reap Huge Benefits From A 501(c)(3)

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Toby Mathis Esq | Tax Planning & Asset Protection

Күн бұрын

Пікірлер: 49

@TobyMathis 3 ай бұрын

Would you like to learn more about this topic and talk to someone? Schedule a free consultation here: aba.link/d1a428

@LifeStrategies2.0 8 ай бұрын

Thank you Toby and the crew for all you have shared with me as a client, along with assuring the knowledge I knew was correct! 🔥😜 💯

@TobyMathis 8 ай бұрын

Thank you so much for your kind words! We're glad that we could provide you with the information you needed and assure you of your knowledge. It's always a pleasure to have clients like you!

@geauxride 8 ай бұрын

Wealth of knowledge! Great segment that helped me understand we are doing it right!

@TobyMathis 8 ай бұрын

Thank you so much for your kind words! I'm glad that the segment was helpful for you and that you feel confident in what you're doing. Keep up the great work!

@pwgavin 8 ай бұрын

Hi Toby! Big fan. Quick q: Do you all keep a playlist somewhere of all the recorded tax tuesdays in full? I can never watch them live but love going back and watching them after. Thank you!

@TobyMathis 8 ай бұрын

Yes we do! kzfaq.info/sun/PLmje7Bbplo8kQvOB-FOY3sbBstKbD9WYX

@tinamcdonald2629 8 ай бұрын

Excellent!

@MrPokey007 8 күн бұрын

I believe through my faith of giving and helping others through different means. Can I for a non profit where I can control where it goes through my faith or a faith based organization?

@cesarsilva-nv6de 4 ай бұрын

You guys are amazing I love your content and thank you so much for making them available for free on KZfaq. The only thing that I will say I tried to open my 501 C3 with you guys and you were charging $6,000 for it. I little bit too much for me. Thank you again

@TobyMathis 4 ай бұрын

Thank you for your kind words! We appreciate your support and understanding.

@Jay-be3um 3 ай бұрын

Can you deduct the cost to set up the 501 C3?

@BharatKulkarniusa 7 ай бұрын

Awesome job Toby. Having Karim as the resident expert with Anderson (ex IRS :) was insightful!!!

@TobyMathis 7 ай бұрын

Karim rocks:-) Super nice guy and a true professional when it comes to helping people.

@Royaldane375 Ай бұрын

Toby, for the purpose of setting up a mini sanctuary, could you under a 501c3 buy land and build and how much of a tax deduction are we looking at? Thanks for the excellent content 🙌

@MsSWILLIAMS88 2 ай бұрын

Very very informative. I have a 501c3 and I’m still learning allot. Thank you so much

@TobyMathis 2 ай бұрын

Thanks for watching!

@DrBrandonSchultz 8 ай бұрын

I love this content, thank you for sharing!

@rootfarm5138 Ай бұрын

I have a non profit and want to donate to a non that is going to work with disaster relief. Do I call them or do they need to ask me?

@LEAPwithPaisley 2 ай бұрын

Disabled, veterans, minorities Supporting children and families of children living with physical differences, developmental delays and mental health conditions. Specific disability limb loss and limb differences, Autism Spectrum Disorder, ADHD

@DTSupstateNY 8 ай бұрын

I need some Karim in my coffee

@njyouthfootball Ай бұрын

can I do a charity to help younger kids to start working out and getting fit out of my home gym?

@TobyMathis Ай бұрын

Great question, to assist you further, I highly recommend you request a free 45-minute consultation to discuss this with my team so we can provide you with an answer that is unique to your situation. Visit: aba.link/d1a428

@rootfarm5138 Ай бұрын

what form and line do you show your donation to your non profit

@TobyMathis Ай бұрын

I would recommend setting up a free consultation to talk about some strategies and how they apply to your unique situation. Sign up here: aba.link/d1a428

@nicolekhaleghi 7 ай бұрын

Hey there! I'm interested in knowing what's the best way possible to make a charitable contribution to our family owned NON profit for 2023? And when is it technically to late?

@TobyMathis 7 ай бұрын

Great question, in order to assist you further, I highly recommend you request a free 45-minute consultation to discuss our proven asset protection and tax strategies and how they apply to your unique situation. Visit: aba.link/d1a428

@user-qw3jj4fl9d 11 күн бұрын

I'm a 501c3 on fixed income. How can I get access to your help? Any plans for me?

@TobyMathis 10 күн бұрын

Give my team a call today. aba.link/d1a428

@Hi-jx5oe 8 ай бұрын

How many organizations in one year both US and international?

@TobyMathis 8 ай бұрын

We can definitely assist you in organizing your 501(c)(3) effectively! Visit: aba.link/d1a428

@mikehelton815 2 ай бұрын

Great video

@TobyMathis 2 ай бұрын

Glad you enjoyed it

@jonebersole2854 3 ай бұрын

If I start a nonprofit for historical preservation, can that nonprofit contribute funds to repair a building that is privately owned?

@TobyMathis 3 ай бұрын

Thank you for considering starting a nonprofit for historical preservation. I recommend setting up a free consultation to discuss some strategies and how they apply to your unique situation. aba.link/d1a428

@GeorgiaCrime 3 ай бұрын

I’m confused. What’s the difference between creating a donor fund vs giving directly to a charity?

@TobyMathis 3 ай бұрын

With a Donor Advised Fund (DAF) you contribute assets to a fund managed by a sponsoring organization, such as a community foundation or financial services company. You then recommend grants to eligible charities from the fund over time. This gives you control over when and how much you donate to different charities. Direct giving involves donating directly to a charity without an intermediary, giving you less flexibility but a more immediate impact.

@aaronjarmstrong 7 ай бұрын

Love this channel. Can someone donate their IRA into the 501c3 without tax? For example, someone is of age where they can pull from a traditional IRA. Could they donate some or all of that stock to the 501c3?

@TobyMathis 7 ай бұрын

You can donate up to $100k per year of RMDs as a Qualified Charitable Distribution (must be 70.5yrs old). Each spouse who qualifies can do this. The reason you contribution this way versus taking a taxable distribution is that when you make a QCD, 100% of the money is removed from the return versus 20,30,50 or 60% depending on the type of charity and asset contributed. Otherwise, you have to take a taxable distribution and donate the cash. This would likely bump you up against the 60% AGI limit for cash donations to public charities or 30% to private foundations. Hope this helps:-)