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Trump grows angry over reports on depleted munitions — believing it weakens him in Iran negotiations CNNTracking Trump: Hegseth and Trump clash over munitions depletion; DOGE's savings errors; ICE arrests hit one-month high; and more The Washington PostHow the U.S. Squandered Its Strategic Advantage The AtlanticEXCLUSIVE: US has used 'virtually all' of its long-range precision missiles during Iran war, sources say Reuters
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Italy swelters, Hungary and Romania turn off the lights as Europe's heatwave takes toll ReutersRed alert issued for all major Italian cities as blistering heat wave grips Europe, sets Austria record CBS NewsEurope heat wave puts all major Italian cities on red alert as Austria sets heat record The Seattle TimesHow to avoid the worst of the Italian heatwave this summer bbc.comItaly to place all 27 of its major
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Man charged with setting destructive Spokane wildfire due back in court Oregon Public Broadcasting - OPBFarinacci admitted to starting Old Trails Fire, 25 others, according to detective KXLY.comAaron Farinacci confesses to lighting the Old Trails Fire that devastated Spokane NonStop Local KHQHere's what we know about all the fires currently burning across Spokane County
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Sydney Towle, Who Chronicled Her Cancer on TikTok, Dies at 26 The New York TimesInfluencer Sydney Towle dies at 26 after sharing cancer journey ABC11 NewsTikTok creator Sydney Towle enters hospice amid rare cancer battle USA TodayInfluencer Sydney Towle Dead at 26 After Rare Cancer Battle Yahoo
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Partners Group has entered exclusive discussions to acquire a majority stake in Aroma-Zone, a French natural beauty, wellness and selfcare brand, from Eurazeo.
The post Deal Roundup: Partners Group takes majority stake in AVK, in talks to buy Eurazeo's Aroma-Zone appeared first on AltAssets Private Equity News.
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The Scion founder is betting against Nvidia, Palantir, and other beneficiaries of the AI boom—and says the record-setting rally is creating leverage that could make the next selloff more violent.
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French asset manager Eurazeo in talks to sell stake in group that sells face serums and food supplements
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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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