Congress Renews Charitable Giving Incentives for 2014

During their final workday of the year last Tuesday, the Senate adopted legislation (H.R. 5771) that restores for only the 2014 tax year the full package of expired tax provisions that includes the IRA charitable rollover and the enhanced deductions for donations of land conservation easements. Despite a number of last-minute attempts to reach a longer-term agreement, the provisions unfortunately will expire again on January 1, 2015. Read more about it here: https://www.independentsector.org/land_conservation_deduction