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ARE YOU OR SOMEONE YOU KNOW 70 1/2?

ARE YOU OR SOMEONE YOU KNOW 70 1/2?  If so, you could reduce your 2012 taxes if you act before January 31, 2013.  If you took a distribution or received your RMD in the month of December you may be eligible to make a gift to charity and reduce your 2012 taxes.  Congress just passed legistlation to extend the Charitable IRA Rollover.  This law also allows individuals, who are 70 1/2 or older, to make gifts to charity.  If you took a distribution from your IRA in December of 2012 you can avoid taxes on the distribution by making a charitable buy cialis daily use online gift by January 31, 2013.  January 31, 2013, the new December 31, 2012.  🙂

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