The tax rules for donating artwork to charity

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The tax rules for donating artwork to charity

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April 4, 2023 , ,

artwork charitable donation

If you’re an art collector, you may wonder about the tax breaks available for donating a work of art to charity. Several different tax rules may come into play in connection with such contributions.

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IRA charitable donations are an alternative to taxable required distributions

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October 29, 2019 , , ,

Qualified Charitable Distributiosns

Are you charitably minded and have a significant amount of money in an IRA? If you’re age 70½ or older, and don’t need the money from required minimum distributions, you may benefit by giving these amounts to charity.

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