Thursday 07/19/2018
Benefit From Charitable Contributions With QCD
Lynda Doland explains how taxpayers older than 70 ½ can still benefit from donations to charity even if they can no longer itemize. The number of taxpayers who will itemize starting with 2018 is estimated to drop by 50% due to the changes made by the Tax Cuts and Jobs Act (TCJA; P.L. 115-97, 12/22/2017). […]
