Qualified Charitable Distribution

7 Tax Breaks for Older Taxpayers

March 24th, 2026|Categories: 401K, Accountant, accountant near me, Burns Firm, Catch-Up Contributions, CPA, CPA Dallas, CPA near me, Dallas CPA, Penalty-Free Retirement Plan Distribution, Qualified Charitable Distribution, Retirement Plan, Retirement Plan Distribution, Senior Deduction, Services, Spousal IRA, Standard Deduction, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm|Tags: 7 Tax Breaks for Older Taxpayers, Catch-Up Contributions, CPA, cpa near me, Dallas CPA, Penalty-Free Retirement Plan Distribution, Qualified Charitable Distribution, Senior Deduction, Spousal IRAs, standard deduction, tax, tax advisor, tax breaks, The Burns Firm|

The Internal Revenue Code has long had much to offer taxpayers who are 50 or older, nearing retirement, or already in their golden years. And the One Big Beautiful [...]

QCDs Can Be a Tax-Savvy Move for Seniors

December 15th, 2025|Categories: Burns Firm, CPA, CPA Dallas, CPA near me, CPA Texas, Dallas CPA, Qualified Charitable Distribution, Tax, tax accountant, tax accountant near me, Tax Advisor, Texas CPA, The Burns Firm|Tags: CPA, CPA Dallas, cpa near me, IRA, QCD, QCD Requirements, Qualified Charitable Distribution, tax, tax advisor, Texas CPA, The Burns Firm|

For some time now, individuals age 70½ and older have been able to transfer funds directly from a traditional IRA to an IRS-approved charity. However, with the enactment of [...]