With so many questions about the Fiscal Cliff law and the IRA Rollover, we are considering offering a first-time webinar for blog readers (for a small fee to cover organizing and preparation costs). If you are interested in this idea, please fill the out the below poll! [polldaddy poll=6813592]
Thank you readers who brought to my attention something new about the Fiscal Cliff version of the Charitable IRA provision! After being alerted and reading the Fiscal Cliff legislation more closely, we found that Congress decided this time to offer relief for donors who wanted to use the Charitable IRA provision in lieu of their...
The IRA charitable giving provision made it into the Fiscal Cliff bill! Retroactive for 2012. This means that if your donors want to take advantage of this law for both 2012 and 2013, they can make an IRA rollover gift for 2012 up until February 1, 2013. In other words, if someone wants to exceed...
Big time correction in order from my previous post – the same day I posted last week on a mysterious Yahoo story citing that deductions were getting capped at 28%, the Chronicle of Philanthropy posted a more positive story about the Obama administration’s approach to this topic – click here to see it. In short,...
Still wondering what’s the best year-end giving advice?