On Wednesday, December 3, the U.S. House of Representatives passed a one-year extension of certain tax breaks that had expired on December 31, 2013. Included in the bill is the popular IRA charitable rollover. The Senate still needs to act, so the rollover has NOT yet been passed into law.
Showing posts with label IRA distribution. Show all posts
Showing posts with label IRA distribution. Show all posts
Novel Approach to Take with Donors Wondering About the IRA Rollover for 2014
It likely will be the beginning of December at the earliest before Congress decides if the IRA charitable rollover is going to be reinstituted for 2014. But there remains another philanthropic use of an IRA distribution that generates significant tax benefits—and provides a novel approach you can take with donors.
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