The Internal Revenue Service provided a reminder today on the ability of IRA owners to make tax-free donations to charities. This special rule expires December 31, 2009. I’m going to quote the IRS notice in full:
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On December 3, the Internal Revenue Service issued the 2010 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. 1, 2010, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be: The Washington Post has published an interesting article about challenges facing young people who have inherited or stand to inherit big money. How do they deal with raising families, being responsive to society’s needs, and having what is likely more money they’ll ever need? Read the article. Here’s what you’ve been waiting for. A list of nine ways to give to your favorite charities, and they range from easiest to easy. If it’s difficult, challenging, complex or even sweat-inducing, it doesn’t make the list. In addition to being easy, donating |
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