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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.
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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
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Android 17 QPR2 greatly expands Dynamic Color theming on Pixel 9to5GoogleHere's everything new in Android 17 QPR2 Beta 3 [Gallery] 9to5GoogleGoogle is bringing back native app lock for Android, but not for everyone yet Android AuthorityAndroid 17 QPR2 Beta 3 adds more blur effects and lets you re-order Quick Settings Android HeadlinesAndroid 17 QPR2 adds App lock to Pixel 9to5Google
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T. Rowe Price has joined forces with Goldman Sachs Asset Management (GSAM) to unveil the T. Rowe Price Goldman Sachs Private Markets Fund. The vehicle is an interval fund aimed at bringing institutional-grade private market investing within reach of everyday investors. According to T.Rowe, the vehicle draws on the portfolio construction strength of T. Rowe […]
The post T. Rowe Price links with GSAM to roll out new private markets fund 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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