Contributions From IRAs

Contributions From IRAs

Background The Pension Protection Act of 2006 first allowed taxpayers age 701/2 or older to make tax-free charitable donations directly from their IRAs. Technically, these taxpayers were allowed to exclude from gross income otherwise taxable distributions from their...
4th Quarter 2020 Review

4th Quarter 2020 Review

Overview What a year 2020 has been. We saw market volatility reach an historic high in March with the CBOE VIX Index registering a level of 82.69. This was the highest level ever recorded topping the 80.86 number recorded during the financial crisis in 2008. Investors...
CRA Financial contributes to FEED AC

CRA Financial contributes to FEED AC

Matt Reynolds, Tom Reynolds, and Bob Martin Principals of CRA Financial present Colette Kraus, of the Community FoodBank of New Jersey $25,000 contribution to help fund FEED AC – A Large Scale pop up Food Distribution Program located at Bader Field.
2020-2021 College Cost Data

2020-2021 College Cost Data

Every year, the College Board releases updated college cost data and trends in its annual report. The College Board publishes average cost figures, which are based on a survey of approximately 4,000 colleges across the country. Following are cost highlights for the...
Investment Tax Planning 2020

Investment Tax Planning 2020

There are several planning areas that investors should potentially consider in doing their year- end tax and financial planning. Some or none may apply to you, but it is worth your consideration to see which ones apply to your circumstances and talk with your trusted...