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Your Bank > Education and Advice > CNB University

Charitable Giving

Title
Date
Mar 28, 2017
Charitable Contributions from IRAs
The Pension Protection Act of 2006 first allowed taxpayers age 70½ and older to make tax-free charitable donations directly from their IRAs. By making a qualified charitable distribution (QCD) from an IRA directly to a qualified charitable organization, older IRA owners were allowed to exclude up to $100,000 annually from gross income. These gifts, also known as "charitable IRA rollovers," would otherwise be taxable IRA distributions.
Mar 28, 2017
Jan 10, 2017
Tax Law Changes Impact 2016 Tax-Year Returns

Most of us are gathering 2016 data and getting ready to prepare (or have someone else prepare) our 2016 income taxes. It is important to be mindful of federal legislation that impacts tax returns we’ll be filing soon.

Jan 10, 2017
Sep 21, 2015
Planned Charitable Giving

Charitable institutions stand to benefit as the first wave of baby boomers reach the stage where they are able to make significant charitable gifts. If you're like many Americans, you may have also considered donating to charity. While writing a

Sep 21, 2015
Apr 29, 2015
Giving to Charity from Two Pockets

Have you ever considered charitable giving as being sourced from two pockets of wealth?Doing so creates a perspective that can help guide giving decisions and even enhance the benefit provided to the receiving organizations. “Cash Flow” Pocket – We all

Apr 29, 2015
Apr 27, 2012
Looking for Ways to Minimize Taxes for Next Year?

Domicile Your Trust Assets in Florida Whether you are a seasonal or permanent resident of Florida, or not at all, this tax friendly State does not impose income, estate, gift, intangibles, or generation skipping transfer (GST) taxes. Talk with us

Apr 27, 2012
Jan 21, 2010
How Charitable Gifts Can Increase Your Family's Wealth

The tax laws offer valuable opportunities to those who care to seek them out. For example, here’s how you might use a charitable gift to increase the amount of wealth you can transfer to your heirs. Taking advantage of this

Jan 21, 2010
Jan 21, 2010
Appraisal Requirements for Charitable Gifts

According to the cliche, beauty is in the eye of the beholder. You may think your collection of antique cars is worth millions. Your spouse may think it's worthless. Yet, if you plan to donate your collection to a charitable organization and want to claim a charitable contribution deduction, you will need an objective and professional opinion. A certified appraisal is essential.

Jan 21, 2010
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