Gloria Lopez

IRS Charitable Contribution Resources

IRS Charitable Contribution Resources

Publication 526 – Charitable Contributions Publication 561 – Determining the Value of Donated Property Publication 1771 – Charitable Contributions – Substantiation and Disclosure Requirements IRS Webinar – Fundraising Guidelines for Charities Publication 4302 – A...
Stock Gifting

Stock Gifting

Gifting stock from a mutual fund or other stock account is a great way to bless your church. In fact, gifts of marketable securities (stocks) may provide greater tax benefits to a donor than a gift of cash. It can be expensive and time consuming to obtain a stock...
IRA Charitable Rollover

IRA Charitable Rollover

The IRS has extended the IRA charitable rollover which applies to distributions through the 2013 tax year. If an individual has reached age 70 ½ at the time of the distribution, they are eligible for some significant tax benefits. At age 70 ½ you are required to take...
Gifts of Grain

Gifts of Grain

Did you know that farmers can donate grain directly to a charitable organization? There are significant tax benefits for a farmer to donate grain directly to a district or church rather than selling the grain himself and then donating the cash. The donation of grain...