When it comes to charitable donations, the IRS allows you to deduct up to 30-60% of your adjusted gross income. However, to claim these deductions, you need to itemize your taxes, which can be challenging if your total deductions do not exceed the standard deduction. One popular strategy to overcome this hurdle is "bunching" - grouping multiple years of charitable donations into one year. For instance, if you want to donate $6,000 annually but can't reach the standard deduction threshold, you can double your contribution in one tax year, totaling $12,000. This, combined with other eligible deductions, can help you exceed the standard deduction. This is where Daffy, a donor-advised fund (DAF), comes in. With Daffy, you can contribute the amount you want to bunch in one year and receive an immediate tax deduction. You can then distribute these funds to your chosen charities over the next years. This way, you can continue your annual donations while maximizing your tax benefits. Moreover, Daffy allows you to donate appreciated assets like stocks, ETFs, index funds, and cryptocurrencies. This not only helps you avoid capital gains taxes but also allows you to deduct the full fair-market value of the asset from your federal income tax returns. Plus, since Daffy converts these assets into cash before donating, you don't have to worry about whether your chosen charity can accept these types of donations. In conclusion, Daffy is a great option for a DAF. It not only simplifies the process of bunching donations but also allows you to donate a variety of assets, maximizing your tax benefits and your impact on the causes you care about. Start saving more on your taxes and give with Daffy.