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Daily Archives: December 20, 2015

The House Passes Permanent Charitable Extenders

BlogBy Turkish Philanthropy FundsDecember 20, 2015Leave a comment

The United States Congress has made the IRA charitable rollover permanent as part of the Protecting Americans from Tax Hikes (PATH) Act of 2015. President Barack Obama signed the bill into law. The IRA Rollover was first enacted in 2006 as part of the Pension Protection Act. The provision allows individuals aged 70½ and older to donate up…

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