Monday, January 14, 2013

Enid Ablowitz: Tax-wise giving - Boulder Daily Camera

Enid Ablowitz: Tax-wise giving - Boulder Daily Camera: Happy New Year! As part of the "fiscal cliff" compromise legislation, Congress did three things that impact donors:

They approved the IRA Charitable Rollover.

They imposed limits on itemized deductions for higher-income taxpayers.

They "permanently" modified the estate tax calculation.

With thanks to the University of Colorado Foundation and especially Vice President Kristen Dugdale, here's a summary of the changes:

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