From: Sarah English
This time of year, many are looking to make charitable contributions as part of their tax planning. If you are looking for an itemized, charitable contribution, please consider Center Place Restoration School for such a donation.
-ALSO-
IRA CHARITABLE ROLLOVER—a tax-saving charitable gift for non-itemizers
Due to an increased standard deduction, many individuals and couples will no
longer be able to claim itemized deductions. However a tax-free IRA charitable
rollover offers the following benefits to individuals age 70 1/2 or older:
● The ability to direct a current, outright IRA gift, up to $100,000, to CPRS or
other qualified charities
● Satisfaction of the required minimum distribution (RMD) without increasing
taxable income
● No loss of a charitable contribution itemized deduction
● Ability to direct your donation to the operating fund, tuition assistance,
sanctuary renovation, or other areas of interest
● A Qualified Charitable Distribution (QCD) can be a very tax-effective way
to support a cause. With a QCD a check is sent directly from an IRA to
CPRS, allowing the donor to exclude the amount from taxable income
CONTACT YOUR FINANCIAL ADVISOR FOR MORE INFORMATION
CENTER PLACE RESTORATION SCHOOL
819 W WALDO AVE
INDEPENDENCE, MO 64050
Sarah English
WEBSITE: cprsgoldeneagles.com
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