STRATEGY 5: Charitable Deduction Optimization (Up to 60% of AGI)
What it is: Deduct charitable contributions up to 60% of AGI Who it applies to: High-income taxpayers How to execute: Donate cash or appreciated assets Obtain valuation/appraisal Claim deduction in the same year Key compliance points: Only qualified charities; proper receipts required Risk: Incorrect valuation or improper documentation can invalidate the deduction.