Recent Tax Law Changes May Affect People Giving to Charity: IRS Offers Tips for Year-End Donations

Recent Tax Law Changes May Affect People Giving to Charity: IRS Offers Tips for Year-End Donations: "Recent Tax Law Changes May Affect People Giving to Charity: IRS Offers Tips for Year-End Donations


IR-2006-192, Dec. 14, 2006

WASHINGTON — Individuals and businesses making contributions to charity should keep in mind several important tax law changes made last summer by the Pension Protection Act.

The new law offers older owners of individual retirement accounts a new way to give to charity. It also includes rules designed to provide both taxpayers and the government greater certainty in determining what may be deducted as a charitable contribution. Some of these changes include the following."