Max drag with yellowfins quickens fight time and prevents lactic acid buildup, which can affect meat quality. One other scenario that no angler asks to be a part of, but which does happen from time to time, calls for reeling in a marlin or swordfish that dies during the fight.
ENLARGE. James Kaczman. Donate appreciated stock to charity: You also can give appreciated stock to charity. If you've held it for more than one year you may take a charitable tax deduction for the market value of the stock, and neither you nor the charity has to pay capital-gains taxes when the stock is sold.ere are three tax-efficient ways to spread the wealth: Give appreciated stock to individuals: You can give up to $14,000 each to any number of recipients this year without incurring federal gift taxes.
It now has appreciated to $10,000 and you wish to gift the entire amount to your favorite charity. If you sold the stock in order to write a check to charity, you would pay 15% in capital gains tax on the stock appreciation. In this example, the stock appreciation is $8,000.ext, look for highly appreciated stock. You should be able to see a gain/loss report from your custodian. Check this list for some of the categories that are out of balance, and see how much they have appreciated. This step of choosing highly appreciated stock is what allows you to save money on your taxes.