Tax changes you need to know about

Published On: Mar 04 2013 08:29:41 AM PST   Updated On: Mar 04 2013 11:03:46 PM PST

Find out what changes you need to know about before filing your taxes this year.

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Tax Breaks for Charitable Donations From IRAs Extended -- The new tax deal extended the qualified charitable distribution provisions which were set to expire through 2012 and 2013. Under the rules, withdrawals from an IRA owned by someone age 70½ or over that is paid directly to a qualified charity can be excluded from gross income. 


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