Washington Legislative Report
Author: Jerry McCoy, J.D., L.L.M..
Source: Volume 05, Number 05, July/August 2006 , pp.1-2(2)
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Abstract:
It is said that people who work in fund raising and other charitable-sector activities tend to be optimistic. One hopes that is so, for the package of charitable incentives that has been pending for so long continues to pend as this issue goes to press. The package includes the long-awaited provision to facilitate charitable gifts from individual retirement (IRA) accounts and a limited charitable deduction for people who do not itemize their income tax deductions, in addition to some less eagerly awaited provisions, including our new limitations on donor advice funds and supporting organizations.Keywords:
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