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Philanthropy

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The IRA Charitable Donation in 2012

Forbes - Sat May 26, 7:58 pm ET

The tax code provision allowing you to gift to charity directly from your IRA expired at the end of 2011. We have a few clients who used that provision in past years and were waiting to see if Congress would reinstate that option. It caught my interest, therefore, when I read Robert Bloink's article The IRA Charitable Donation: It’s Just a Tax Deduction in 2012. Here is what caught my eye ...