The IRS defines a wash sale as the sale of an investment and its repurchase within 30 days. This rule is designed to prevent investors from selling investments at a loss to claim a tax deduction, only to buy them back shortly after. However, there are ways to navigate this rule, and Daffy's CEO and co-founder, Adam Nash, has some insights to share. Adam Nash, a seasoned financial expert with experience teaching Personal Finance for Engineers at Stanford and serving as the Former President and CEO of Wealthfront, explains that one can avoid triggering the wash sale rule by selling an index fund and buying a different one exposed to the same index. This strategy allows you to maintain your portfolio's exposure while taking advantage of the tax deduction from the loss. While this information is educational and not tax advice, it's clear that understanding the intricacies of financial management can be complex. That's where Daffy comes in. As a not-for-profit community built around a modern platform for giving, Daffy simplifies the process of charitable giving. With Daffy, you can easily donate to almost every US public charity, track tax-deductible contributions, and access donation receipts all in one place. Daffy waives all membership fees for members with less than $100 in their fund, making it an accessible and affordable option for those looking to streamline their charitable giving. So why not try Daffy for free today? With the expert guidance of leaders like Adam Nash, Daffy is a great option for a Donor Advised Fund (DAF).