Hegarty Investment Logic

Good information for the week in markets

Market Week: February 10, 2025 The latest issue of Market Week is available.

Did you know Small Business Saturday was created by American Express in 2010 to encourage more local holiday shopping? Since then, it has grown into a powerful movement supporting our communities.

To support this initiative, we have gathered some important information to showcase the scope of Small Business Saturday’s impact. Swipe through to learn more.

We hope that you will join us in shopping small and supporting your local community on Saturday, November 30, 2024!

As the holiday season approaches, we want to remind everyone about the importance of charitable giving and its tax benefits. Donations to qualified organizations must be made by December 31, 2024, to qualify for a deduction on your 2024 tax return.

Here are some key points to keep in mind as you prepare your charitable giving:

✅Contributions must go to qualified charitable organizations.
✅Keep proper documentation for your tax records.
✅Be aware of deduction limits: generally, cash contributions up to 60% of your AGI and non-cash contributions up to 50% of your AGI.

Thoughtful planning can maximize the impact of your donations while also providing tax benefits. If you have questions or need assistance with your charitable giving strategy, please reach out to our team. We're here to help!