PAWS Magazine

Issue 56, Winter 2003

Give to animals the tax wise way


Gifts of cash

There is no easier way to garner a charitable deduction for 2003—and support PAWS at the same time—than by simply writing a check! According to the IRS, to ensure an income tax deduction and proper crediting, your gift must be delivered, transacted or postmarked by December 31st.

Gifts of Stock

Giving long-term appreciated stock offers you a threefold tax savings. First, you avoid paying capitol gains tax on the increase in value of your stock. Second, you receive a tax deduction for the full market value of the stock on the date of the gift. The third savings is a reduction in the value of the donor’s taxable estate by the amount of the gift.

Planned Giving

Charitable bequests are a wonderful opportunity for donors to perpetuate their giving into future. By specifying PAWS in your will, your legacy will help provide for animals far into the future and will save estate tax dollars at the same time. In doing so, you’ll be joining PAWS Visionary League.

Always consult with a professional tax advisor to see how charitable contributions will benefit you and PAWS. Our tax ID# is 91-6073154. Thank you for your support!

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