This article explains IRS Private Letter Rulings (PLRs), which offer tax guidance for specific situations but aren't binding. A favorable ruling helps clarify IRS stance, while an unfavorable one ...
Donor-advised funds, or DAFs, are like a charitable investment account that allows donors to contribute cash, securities, or other assets to the DAF and claim an immediate tax deduction without having ...
The Pew Charitable Trusts is an independent non-profit, non-governmental organization , founded in 1948. With over US$5 billion in assets, its stated mission is to serve the public interest by ...
An investor recently asked me about leaving a legacy for his fraternity. His initial thought was to create a trust at his death to hold funds from his IRA, with ...
Business Intelligence | From W.D. Strategies on MSN

The $0 tax return: How retirees are using qualified charitable distributions

For a growing number of American retirees, the goal of eliminating or drastically reducing their federal tax bill isn't a pipe dream - it's a real outcome made possible by one of the most underused ...
Spring Warmth Returns Sunday and Monday Various snow chances are scattered through the week Seasonably cooler conditions are expected for the second half of next week After a cooler Saturday, high ...
Slick spots are possible on Tuesday night/Wednesday and Thursday night/early Friday AM due to wintry precipitation. A cold front develops a narrow band of light snow or rain that impacts Rusk County ...
MEMPHIS, Tenn. — Record-breaking temperatures will continue into Friday, accompanied by increased humidity. Afternoon high temps Friday are expected to be near 83 degrees. A marginal to slight risk ...