Donating a Car to Charity
If you donate your car to charity, you may claim a tax deduction for the donation if you itemize your deductions on your federal income tax return. [...]
The Charitable IRA Transfer
Charitably minded and holding significant assets in an IRA? Consider making a QCD an annual ritual. If you are age 70½ or older and charitably [...]
Charitable Giving
Philanthropy cannot only give you great personal satisfaction, it can also give you a current income tax deduction, let you avoid capital gains tax, and reduce the amount of [...]
Tax Considerations For Retirees
The federal government offers some major tax breaks for older Americans. Some of these perks deserve more publicity than they receive.
New Retirement Plan Contribution Limits for 2019
The I.R.S. just increased the annual contribution limits on IRAs, 401(k)s, and other widely used retirement plan accounts for 2019.