Connecting Tax Planning With Philanthropy To Maximize Tax Breaks

Pillar6 Podcast

Jim Amerman is a Managing Director at Foundation Source, the nation's leading provider of customized support services and technology for private foundations. Before joining the company, Jim was the Managing Director of Wealth Planning at Fortress Wealth Management and Director of Financial Planning at Westmount Asset Management. He is an expert on Roth conversion optimization.

He received his BA in economics from Duke University and his MBA in finance, accounting, and marketing from The University of Chicago Booth School of Business.

In this episode…

Tax planning is a critical component of wealth management. As the year comes to a close, philanthropists and foundations need to ensure that their donations are filed in compliance with tax laws.

How can philanthropy benefit your tax planning strategy to maximize tax deductions?

Jim Amerman, a Managing Director at Foundation Source, joins Roman Polnar in this episode of the Pillar6 Podcast to share his insights on tax planning and philanthropy. Jim explains what a private foundation means, differentiates between a private foundation and Donor-Advised Fund, and discusses Roth IRA conversions.

Resources mentioned in this episode:

• Foundation Source
• Foundation Source Resources
• Jim Amerman on LinkedIn
• Jim Amerman's email: [e-mail]
• Jim Amerman's phone: [phone]
• Beyond Inclusion, Beyond Empowerment: A Developmental Strategy to Liberate Everyone by Leticia Nieto
• "Turbocharge Your Child's Retirement With a Roth IRA for Kids"
• "Proving a Child Has Income for a Roth"