At the higher earning level (FANG SDE’s) a consideration to keep in mind is that in the US only 60% of income can be written off as charitable giving each year. The US and CA Gov takes ~43% percent of your income each year in taxes so it may be a better idea to spread out giving over as many years as possible to bypass that.
At the higher earning level (FANG SDE’s) a consideration to keep in mind is that in the US only 60% of income can be written off as charitable giving each year.
The US and CA Gov takes ~43% percent of your income each year in taxes so it may be a better idea to spread out giving over as many years as possible to bypass that.