We consider first the charitable deductions. 26 U.S.C. § 170(a) provides a deduction for "any charitable contribution . . . payment of which is made within the taxable year." To qualify for a deduction, the charitable contribution must be "actually paid during the taxable year." Treas. Reg. § 1.170A-1(a).

This strategy has passed an IRS audit 95% of the time. In the appeals process this strategy has pass rate of 100%. Furthermore, this is not an IRS listed transaction and this strategy has never been litigated because it always passes the initial IRS inquiry. Audit and litigation defense is included when you engage us to represent you in this transaction.

Immediately, if you are an employee you can reduce your payroll tax deductions. If you are self-employed you can reduce your quarterly tax payments.

There is no upfront fees for this transaction. How much can I give away? You can give away up to 60% of your Income after adjusting for other deductions. A donor may give and deduct up to 60% of his or her Adjusted Gross Income (AGI) in one year. A gift of cash may be transferred and deducted in that year. If the donor gives more than the 60% limit, the excess is carried forward and may be deducted over the next five years. Reg. 1.170A-10(b)

You can giveaway up to 60% of your Income after adjusting for other deductions. A donor may give and deduct up to 60% of his or her Adjusted Gross Income (AGI) in one year. A gift of cash may be transferred and deducted in that year. If the donor gives more than the 60% limit, the excess is carried forward and may be deducted over the next five years. Reg. 1.170A-10(b)

When you control the debts and assets of a trust the trust is considered a grantor trust IRC§ 673. As a result, the deductions and income of a grantor trust are passed through the trust to your personal tax return IRC§ 671, Treas. Reg. §1.671-2. Furthermore, the trust is not required to file a tax return.

You will be approved for the Credit Line prior to your gift to Charity. Your approval is based upon 1) Income 2)Assets 3) Past and Future Contributions to Charities.

The capital for the loan is provided by Private Investors, Charity investment funds, Donor Advised Funds and Private foundations. These groups wish to increase overall charitable giving and accomplish this by giving loans.

The interest rate for the loan will average 1% for life. The interest rate is also set at the IRS applicable federal rate (AFR) for a demand note.

The interest will accrue throughout your life. The principal and interest will be repaid upon your death from the Life Insurance you purchase. The executor of your estate will distribution a portion of the Life Insurance death benefit to repay the loan and the rest to your beneficiaries. There is no personal liability and no personal guarantee on the loan. The loan is backed up by the life insurance.

We consider first the charitable deductions. 26 U.S.C. § 170(a) provides a deduction for "any charitable contribution . . . payment of which is made within the taxable year." To qualify for a deduction, the charitable contribution must be "actually paid during the taxable year." Treas. Reg. § 1.170A-1(a).

When you control the debts and assets of a trust the trust is considered a grantor trust IRC§ 673. As a result, the deductions and income of a grantor trust are passed through the trust to your personal tax return IRC§ 671, Treas. Reg. §1.671-2. Furthermore, the trust is not required to file a tax return.

The IRS agrees that the use of a loan is consistent with accepted principles of cash basis income tax accounting, especially with respect to deductions. Deductible expenses paid with borrowed funds by a cash basis taxpayer will give the taxpayer control over the timing of deductions claimed by credit card charges. This enables the IRS to conveniently match taxpayer payments with claimed deductions.