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. 🙂