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.
Showing posts with label charitable deduction. Show all posts
Showing posts with label charitable deduction. Show all posts
House OKs IRA Rollover
House Approves IRA Charitable Rollover, and Senate Expected to Consider Provision in the Fall.
The IRA charitable rollover took a big step toward being reinstituted this week when the House of Representatives passed a bill that would make it permanent.
New Research Supports Maintaining the Charitable Deduction
The income-tax charitable deduction continues under fire, even though three new research studies support what Pentera has been saying for years: the deduction definitely works as an incentive to stimulate charitable contributions, particularly among the wealthy.
Senators Join Nonprofits to Save Charitable Deduction
Representatives from 140 nonprofit organizations gathered in Washington this week to lobby for the retention of the charitable deduction—and garnered support from a bipartisan letter written by two Senators.
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