QCD

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 [...]

New Tax Law Improves QCD Benefits

March 7th, 2023|Categories: Accountant, Burns Firm, Business, CPA Dallas, CPA near me, Dallas CPA, Net Investment Income Tax, QCD, SECURE Act, Small Business, Tax, Tax Advisor, Tax Cuts, Tax Deductions, TCJA, The Burns Firm|Tags: CPA Dallas, cpa near me, New QCD Rules, QCD, QCD Benefits, tax, The Burns Firm|

Seniors who must take withdrawals from their IRAs may be able to benefit from a special tax provision for qualified charitable distributions (QCDs). Briefly stated, this provision allows people in [...]