August 12, 1999
Republicans in Congress Agree on Tax-Law Changes
House and Senate Republicans have agreed on a compromise tax bill that contains numerous provisions that affect donors, charities, and foundations.
The lawmakers tentatively agreed to:
* Allow people age 701/2 and older to make tax-free withdrawals from individual retirement accounts for donations to a charity. (An earlier version of the bill would have also permitted people that age to make tax-free contributions from their I.R.A.'s through planned
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