CICF News

CICF News / 2013 / June / News Post
June 4, 2013
Extending ATRA's Relief to Higher Income Taxpayers Through Charitable Giving

by Mary Stanley, J.D., CAP, CICF Senior Gift Planning Advisor

For the most part, with the exception of the IRA Rollover extension, the provisions of the American Taxpayer Relief Act of 2012 (ATRA) that impact charitable gifts and charitable gift planning are those that increased taxes. It is difficult to characterize these provisions as providing taxpayer relief, so this summary of the practical aspects of ATRA-related charitable gift planning is necessarily presented from a “glass half full” point of view. Charitable planning resulting from ATRA essentially will focus on ways to reduce income, as well as the benefits of the lower after-tax costs of charitable contributions for donors now subject to higher income and capital gains tax rates.

Download Mary's presentation here.