Charitable IRA Distributions: A Great Opportunity

The Many Tax Benefits of Making Charitable Contributions With IRA Distributions

Now that the provision permitting these contributions is permanent, taxpayers can take maximum advantage of this rule, even using life insurance to increase the gift to charity.  David K. Smucker, CPA, Advanced Consulting Group director with Nationwide Insurance, explains that the recent legislation making the $100,000 charitable IRA contribution permanent allows taxpayers to take full advantage of the numerous tax benefits of these contributions.

To read the full article in The Tax Adviser Tax Insider, click: Charitable IRA Distributions: A Great Opportunity.