Six for the summer: Mid-year reminders about charitable giving
Donate appreciated stock to your fund at the community foundation. Yes, yes, we absolutely understand how easy it is to write a check when you want to boost your donor-advised or other type of fund at the FM Area Foundation. If you can remember to pause before you pull out your pen, though, considering whether […]
Summer topics worth watching
Proposed legislation known as the Charitable Act appears to be gaining momentum. The bill calls for making available a “below the line” deduction to taxpayers who do not itemize on their tax returns. This proposed deduction is slated to reach up to one-third of the standard deduction (around $4,500 for an individual filer and around […]
Ring in the new year with new charitable giving tax laws
If you’ve been tracking federal legislation, you’re likely aware that on December 29, 2022, President Biden signed a $1.65 trillion-dollar omnibus spending bill known as the
Five of 2022’s most-asked questions about Qualified Charitable Distributions
Qualified Charitable Distributions, or “QCDs,” are becoming a very popular financial and charitable planning tool. At the same time, QCDs are growing as the source of more and more confusion. Here are answers to the questions we’ve been asked most frequently this year by both advisors and donors. Be on the lookout for these and […]