Tallowood Foundation Tidbit

Final Reminder! With the passage of the Taxpayer Tax Increase Prevention Act of 2014, the qualified charitable distribution (QCD) from your IRA is available through the end of the year under normal rules. This means that you can, if you’re 70½ or older, make direct distributions from your IRA to a qualified charity or charities (including Tallowood and the Tallowood Foundation) without counting the distribution as income, but without claiming the contribution as a tax deduction on your tax return. Such distributions must be completed by December 31.
Please contact Betsy Samu for assistance in completing such a contribution.