TAXES: IRA charitable gift extension gets nod
A bill passed last month by the House would extend a tax break applying to individual retirement accounts.
A bill passed last month by the House would extend a tax break applying to individual retirement accounts. HR 4213, which extends several dozen tax breaks that expired Dec. 31, would allow tax-free rollovers from IRAs to charities to continue through the end of this year. The legislation now awaits action in the Senate. For a look at the bill, visit thomas.loc.gov/.
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