Practical Philanthropy

 

Information and Resources for Donors and Professional Advisors

How the CARES Act Impacts Charitable Giving

On March 27, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act includes tax benefits related to charitable giving. For individuals, the...

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Tax Law Changes and Charitable Giving in 2020

While federal tax law governing retirement benefits has changed significantly as of January 1, 2020, the IRA charitable rollover remains an effective charitable giving strategy. The new law: Increases the...

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Address your IRA planning now to maximize tax savings

Consider using your individual retirement account (“IRA”) to achieve your charitable giving goals in 2019. Consider using your individual retirement account (“IRA”) to achieve your charitable giving goals in 2019...

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