The House Ways and Means Committee held a hearing last week to discuss the perennial issue of the tax extenders, the temporary tax provisions that expire year after year and are usually renewed. However, dozens of provisions that expired at the...
If adopted, the Act would make the IRA charitable rollover permanent, simplify the private foundation excise tax, and extend the deadline for claiming charitable contributions.
... Private foundations dedicate valuable time and resources to managing the complex, two-tiered tax— resources that would be better spent addressing the needs of ...