Important Information Regarding Tax Law


Tax-Free Distributions from IRAs for Charitable Purposes

After years of proposals that have failed, the tax law finally permits individuals to make direct IRA distributions to charity without having to include the distribution in gross income. In particular, the current tax law permits up to $100,000 to be contributed each year directly to charity. Please consult your tax adviser for additional information.


Copyright The Bolles School 2015

Co-ed Day and Boarding College Preparatory School from Pre-Kindergarten through Grade 12

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