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December 21, 2007, Newsletter Issue #96: Make A Gift of Stock To The Breast Cancer Cause
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Tip of the Week
In lieu of cash, you can make a breast cancer gift of publicly traded stock that you own. The charitable income tax deduction you receive will equal the fair market value of the stock, and you will avoid capital gains taxes on the transferred stock as well.
You can receive more information on this kind of donation by visiting the Web site of the Breast Cancer Fund, www.breastcancerfund.org, or talk to your tax advisor or stockbroker for additional advice.
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