Charitable Contributions from IRAs
The Pension Protection Act of 2006 first allowed taxpayers age 70½ and older to make tax-free charitable donations directly from their IRAs.
The Pension Protection Act of 2006 first allowed taxpayers age 70½ and older to make tax-free charitable donations directly from their IRAs.
A donor-advised fund offers an easy way for a donor to make significant charitable gifts over a long period of time.
Investment markets have been quite volatile during 2020. And now comes the presidential elections on November 3rd, 2020.
As the US government is helping citizens and companies survive during these tough times, expect that in the near future, taxes could go up. It’s time to think of sources for tax-free income.
Last week began with a bang. The Dow climbed 1.4% to reach 28,300 for the first time since February.