This is where Daffy comes in as a great option for a Donor-Advised Fund (DAF). By donating to a DAF, you can make a significant contribution that not only benefits the causes you care about but also helps to reduce your taxable income. This is especially beneficial for self-employed individuals who are subject to both income tax and self-employment tax. With Daffy, you can donate cash, stocks, or other assets and receive an immediate tax deduction. This can help offset the tax impact of large commissions or consulting fees. Moreover, if you donate appreciated securities, you can avoid capital gains taxes, further increasing your tax savings. In addition, Daffy allows you to grow your donation tax-free, meaning you can potentially give even more to your chosen charities over time. And since Daffy is a DAF, you have the flexibility to recommend grants to your favorite charities whenever you want. In conclusion, for self-employed individuals looking to minimize their tax bill while supporting their favorite causes, Daffy offers a smart, flexible, and tax-efficient solution.