Something of huge significance took place just the other day. Something that does not happen every day and has the potential to make...
Charitable Giving Strategies
Did You Make a Qualified Charitable Distribution in 2022?
Did you make a Qualified Charitable Distribution (QCD) from your IRA in 2022? If so, keep reading because there's something you need...
Why We Love Giving Tuesday
#GivingTuesday is About Giving Back The Tuesday after Thanksgiving is an important date. #GivingTuesday is a global day of giving...
New Rules for Deducting Charitable Donations
The amount of income tax you pay comes down to a relatively simple formula: add up all your taxable income and subtract the greater...
Qualified Charitable Distributions After the CARES Act
As most of you know by now, the CARES Act waived the minimum distribution requirement from IRAs and Inherited IRAs for 2020. ...
The CARES Act and You
On Friday, March 28, President Trump signed the CARES Act into law. The CARES Act is an economic stimulus package designed to help...
How to Properly Report Qualified Charitable Distributions on Your Form 1040
A popular tax strategy for individuals over 70 ½ years of age who wish to give money to charity is to make a distribution to the...
Record-keeping Requirements for Charitable Donations
Now is the time that many people start to accumulate tax documents to either prepare their taxes or provide the documents to their...
SECURE Act Law Could be Boon for Charities
The recently passed SECURE Act has made several changes to retirement plans, some of which could result in an increase in the amount...
Why Donating Appreciated Stock and Mutual Funds may be Great Tax Strategies
One of the best ways to give to charity is to donate securities like stocks or bonds that have appreciated since you bought them. In...
How Your Charitable Giving Priorities Can Impact Future Generations
Living a good life involves many things. Career, family, friends, and hobbies are part of the mosaic; so are spending your...
Howard Hook is Teaching a Class on Charitable Giving Strategies at Princeton Adult School
For many people, donating to charity is writing a check or donating items to the causes they believe in. But what if there was a way...