Tuesday, February 16, 2016

Congress passes permanent charitable giving incentives


Tax filing time is right around the corner. And Congress has passed the PATH Act making two laws that had expired on January 1, 2015, permanent thereby giving you greater incentives to donate to charities this year and beyond:

·       You are now allowed to donate real property for conservation purposes

·       If you are older than 70½, you many now make charitable donations from your IRA directly to a qualified charity, without being taxed on the distribution amount up to $100,000

Interested in more ideas to reduce your income and estate tax bills while helping your favorite charity? Then download a copy of
A Donor’s Guide to Planned Giving

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