Sunday, June 29, 2003

New Tax Bill May Make Donations Less Appealing

New Tax Bill May Make Donations Less Appealing
As a result of the new tax law passed last month, investors donating stock to charities and charitable trusts may find they're getting less back in return. Instead, it may make more sense to give stocks that have risen in value to their kids or donate non-stock gifts, like collectibles, to charities according to this news article from Dow Jones.