The Tax Increase Prevention Act extends the provision that allows certain IRA owners to make tax free distributions to charity. The extension applies for the 2014 tax year. This means if the law applies to you, the deadline to complete your transactions is Dec. 31. See how the New Law Renews IRA Transfers to Charity for 2014; Owners Must Act by Dec. 31. and learn about some of the key points in the extension.
Taxadvisoronline Blog with Doretha Y. Caldwell, MBA 