Tag Archives | tax planning

Over 70 and Charitably Inclined? Don’t Miss This No-Brainer Tax Break!

Key Takeaways A qualifying charitable distribution (QCD) allows you to donate up to $100,000 per year directly to a qualified charity from your IRA and exclude it from income. QCDs can enable you to give to charity and shield some or all of your Required Minimum Distribution (RMD) from taxes. QCDs require your contribution to go directly from […]

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Potential Upcoming Tax Changes: What You Need To Know

I recently attended a Year-end tax seminar put on by Kreischer Miller, an independent accounting firm in Horsham.  While some would rather endure a form of torture than attend a tax conference, I was looking forward to hearing about how a CPA firm is evaluating potential tax changes under the Trump administration.  I thought I’d […]

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