|
Five years after the Taliban won, Afghanistan is still losing CNNEntrenched, Embattled and Defiant, the Taliban Celebrate 5 Years in Power The New York TimesThe Taliban has taken a terrible toll on the education of girls — and boys as well npr.orgFive years after the Taliban swept to power, does the West have any influence? BBCUnder the Taliban, Afghanistan is, for once, peaceful The Economist
|
|
The relationship between bond yields and equities has turned negative again, says LPL Financial.
|
|
Continuim Equity Partners has more than doubled the size of its flagship fund in two years, closing its third manufacturing and industrial-focused vehicle on $548m after just 32 days in market.
The post Continuim more than doubles fund size with $548m Fund III after just 32 days in market appeared first on AltAssets Private Equity News.
|
|
Berkshire boosted its Alphabet stake by 83% during its biggest stock-buying quarter in years businessinsider.comBerkshire CEO Greg Abel Is Sitting on More Than $360 Billion in Cash. Here's How His Deal-Making Approach Differs From Warren Buffett's. Yahoo FinanceBerkshire Bought Alphabet Stock in Q2—and Maybe Microsoft Too Barron'sAll the Stocks Berkshire Hathaway Bought and Sold in Q2 Kiplinger
|
|
Man, 18, Pleads Guilty to Repeatedly Kicking Sea Lion in California The New York Times'Unacceptable': La Jolla man who admitted kicking a sea lion faces a year in jail and $100,000 fine Los Angeles Times'Federal crime. Federal consequences' | La Jolla man pleads guilty to kicking sea lion cbs8.comTeen who kicked sea lion in viral video in San Diego pleads guilty fox5sandiego.com
|
|
New sales numbers from the Census Bureau suggest consumers may finally be losing patience with persistent inflation.
|
RELATED ARTICLES | | |
|
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
|
|
