Posts Tagged ‘501(c)(3)’

5 Reasons Taxpayers over Age 70 1/2 Should Make a Charitable Donation From Their IRA

In December, 2010 President Obama signed into law the tax bill which extends many of the Bush-Era federal income tax cuts and the Pension Protection Act of 2006. This law has extended the provision that allows some people to make qualified charitable distributions from their IRAs.

Give….and Receive!

Taxpayers over age 70-1/2 with an IRA have a year-end tax planning opportunity.