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Forbes

Ronald Finkelstein, Tax & Business Services Partner, Quoted in Forbes Article "Why To Give Generously Before December 31"

Featured: Ronald Finkelstein, Partner, Tax & Business

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Here’s an extreme example. A widow recently got the big news that she got $500,000 in royalties for the rights to make a movie out of a book written by her late husband. That was a huge unexpected spike in income, so she went to her advisor, Ronald Finkelstein, a CPA with Marcum in Melville, N.Y. to talk tax. Her idea was to make a charitable contribution of $50,000 to $75,000 to set up a donor-advised fund at the Berkshire-Taconic Community Foundation in Sheffield, Mass., near where she keeps a second home. His answer: “This would be the year to do it.” She’ll get a much better tax benefit making the gift this year because she’s in a higher tax bracket than usual. That’s the key.

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Featured
Ronald Finkelstein

Partner
Tax & Business
Melville, NY
 
 
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