Keene - Review charitable giving in light of new tax act
Friday, October 10, 2003
Taxpayers who donate to their favorite charities -- particularly more affluent donors -- should review their charitable giving plans in light of the new tax act. While the Jobs and Growth Tax Relief Reconciliation Act does not directly alter any charitable planning laws, the reduction of ordinary income tax rates and capital gains and dividend tax rates will have an impact on how you design a charitable giving program.
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