|
US House passes Iran war powers resolution in rare pushback against Trump Al JazeeraHouse votes to limit Trump's Iran war powers in remarkable rebuke CNNThese Republicans Broke With Trump on the War in Iran The New York TimesRepublican-Led House Votes to Stop Iran War, Rebuking Trump Bloomberg.com
|
RELATED ARTICLES | | |
|
Rocket and AI group is seeking to raise up to $86bn in biggest Wall Street debut of all time
|
|
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
|
|
Sam Darnold doesn't have much to say about Rams acquiring Myles Garrett NBC SportsInside the seismic Myles Garrett trade: ‘This is gonna break the NFL' - The Athletic The New York TimesAcquisition of Jared Verse solidifies a new era for the Browns | The Huddle Cleveland BrownsNFL Contender Tiers: Where Do Rams, Eagles, Patriots Land After Blockbuster Deals?
|
RELATED ARTICLES | | |
|
Broadcom Inc. Announces Second Quarter Fiscal Year 2026 Financial Results and Quarterly Dividend BroadcomBroadcom stock slip on revenue miss CNBCBroadcom stock hovers at all-time highs ahead of earnings Yahoo FinanceBroadcom Stock Faces Earnings Test as AI Chip Revenue Surges Barron's
|
|
After Scott Pelley's Firing, CBS News Staff Anxious About What's Next Under Bari Weiss' Rule DeadlineCBS News Fires Scott Pelley of ‘60 Minutes' The New York TimesBari Weiss: Scott Pelley fired from '60 Minutes' for breaking ‘foundation' of trust The HillThe big unanswered questions about ‘60 Minutes' after Scott Pelley's firing CNN
|
RELATED ARTICLES | | |
|
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
|
|
Justin Mares, CEO and co-founder of Truemed, explains the marketplace that lets consumers use HSAs to pay for preventive health products ranging from Peloton and 24 Hour Fitness.
|
|
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
|
|
