Helping Your Donors Navigate Tax Season
By Michael L. Taylor, CFRE, CFRE, CEO Tax season is a great time to communicate with your donors about how they can make smart decisions about their giving. In fact, if you have donors who are required to make annual distributions from their individual retirement accounts, there is still time for them to receive a benefit on their 2021 tax returns. According to IRS rules, anyone who has an IRA must take a required minimum annual distribution (RMD) from their accounts once they turn 72. But that time is growing short. Eligible donors have until Tax Day (April 18) to give