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If you normally contribute cash to a charity, you might consider giving them some of this stock this year instead of cash because of the tax advantages. My understanding is that you can take a tax deduction for the full current price without paying any capital gains on the shares contributed. Most major churches and organizations have the procedures set op for this to make it easy to do. Here is a link with info on how this might work;

The AMT doesn't disallow charity donations like they do with a lot of other write offs. Giving stock is a double bonus since you get the charity deduction and don't have the capital gains adding to your AMT woes.

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