Today is a great
time to change a person’s life by making a gift to
Hearts.
The IRA Charitable Rollover ends December 31, 2013. If you are age 70 ½
or older, you can make a tax-free gift of up to $100,000 to Hearts via direct
transfer from your IRA by December 31, 2013. If you don’t need your required
mandatory IRA distribution, the charitable rollover is an excellent way to
avoid taxes and make an immediate impact in the lives of people with special
needs in Santa Barbara County.
Year-end is almost here which means the 2013 tax season is just around the
corner. The changes resulting from the American Taxpayer Relief Act (ATRA) of 2012 includes a number of provisions that are
favorable for philanthropy and charitable giving. Capital gains (long-term)
taxes may be avoided through gifts of appreciated securities.
Thank you for your support of Hearts. Together, we can make a difference.Donate now to support Hearts.
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