TAX TIME IS ALL THE TIME®  is a registered trademark of Sidney M. Schuchman, CPA © 2020

Have You Thought About Directing Your IRA Distribution to CHARITY?

June 1, 2018

With the changes in The Tax Cuts and Jobs Act, this is a good time to rethink your tax saving strategy and a Qualified Charitable Distribution may help. Taxpayers who are over 70 1/2 can direct a portion or the full amount of their Required Minimum Distribution, up to $100,000, directly to charity.

 

Please reload

Previous Tax Tips
Please reload

Tax Tip of the Month

Tax Tip of the Month