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Heat waits patiently for final word as Bucks scan market for Antetokounmpo trade Miami HeraldWhat we're hearing about Giannis Antetokounmpo's trade market as NBA Finals begin - The Athletic The New York TimesNew Giannis Trade Rumors on Heat, Celtics Reveal Frontrunner to Land Star Ahead of NBA Free Agency Bleacher ReportMonday Best: The NBA's latest trade chatter The Stein Line | Substack
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Quantinuum is pursuing a traditional IPO, whereas many other quantum players have gone the SPAC route.
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U.S. says it plans extra tariffs of 10% or more for most trading partners after forced labor probe PBSTrump to impose tariffs on dozens of nations, citing claims of forced labor The Washington PostPM says Australia has 'ideological disagreement' with US after it reveals anti-slavery tariff Australian Broadcasting Corporation
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EU launches major tech push to break US and China dependence EuronewsEurope unveils tech sovereignty package amid growing concerns over reliance on U.S. tech: 'We want to be sure nobody has a kill switch' CNBCEurope Wants to Be Less Reliant on American Tech. Here's Its Plan. The New York TimesEU aims to ensure foreign governments or firms cannot disrupt tech services with ‘kill switch' The Guardian
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Seine Capital, the investment firm launched by former Mantra Investment Partners secondaries head Fabrice Moyne, has beaten its debut fund target to reach a €180m final close.
The post Ex-Mantra secondaries head Moyne seals $180m final close for debut Seine Capital fundraise appeared first on AltAssets Private Equity News.
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Plenty of retirees like to give back to their communities through charitable donations, but questions often arise over the best way to do that.
What approach is efficient, provides the tax benefits you're after, and also is advantageous for the charity that's on the receiving end?
SEE MORE Ever Dream of Having a Building Named After Yourself?
One possibility is a qualified charitable distribution (QCD), a tax-savvy way to reduce your taxable income and maximize your donations whether you itemize deductions on your tax return or not. An added bonus is that the benefits can be large for both the donor and the charity.
Here's How QCDs Work
A QCD is a distribution from an IRA that is paid directly from that retirement account to a qualified charity. QCDs lower your adjusted gross income (AGI) and therefore lower your tax bill. They can also offset required minimum distributions (RMDs), those withdrawals you must take from your IRA each year once you reach age 72. An RMD adds to your income, raising the amount of taxes you pay, but a QCD is excluded from your income. So, for example, if you withdrew $50,000 from your IRA as an RMD, you would pay taxes on that money. But if that same $50,000 was used as a QCD instead, you avoid the taxes while helping a charity at the same time.
SEE MORE Every Dollar Counts: How to Evaluate a Nonprofit
Taxpayers can benefit from QCDs even when they take the standard deduction and do not itemize their deductions. Meanwhile, even though a QCD doesn't count as an itemized deduction, tax
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