Charitable Donations via IRA – The Burns Firm – Advisors of Complex Financial Matters

Senior Tax-Saving Alert: Make Charitable Donations From Your IRA

December 3rd, 2024|Categories: Burns Firm, Charitable Contributions, Charitable Donations, CPA, CPA Dallas, CPA near me, Dallas CPA, Donations, IRA, Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0), Tax, Tax Advisor, Tax Deductions, Texas CPA, The Burns Firm|Tags: Charitable donation, charitable donation from IRA, Charitable Donations via IRA, CPA Dallas, cpa near me, CPA TExas, IRA, tax advisor, tax savings, The Burns Firm|

If you’ve reached age 70½, you can make cash donations directly from your IRA to IRS-approved charities. These qualified charitable distributions (QCDs) may help you gain tax advantages. QCD [...]