Friday, December 17, 2010

New Tax Deal Lowers Estate Tax and Extends IRA Charity Break - Tax Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas

New Tax Deal Lowers Estate Tax and Extends IRA Charity Break - Tax Watch - The Chronicle of Philanthropy- Connecting the nonprofit world with news, jobs, and ideas: "Congress has approved a new tax deal that would lower estate-tax rates from 2009 levels and extend a benefit for older donors who tap their individual retirement accounts to make charitable donations.

President Obama, who brokered the deal with Republican lawmakers, is expected to sign the bill into law today."

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