Giving funds in IRAs to charity with QCDs

Funds held in individual retirement accounts are without question the best assets to give to charity. Since IRAs are loaded with taxes, why not help clients relieve that tax burden by using the IRA for charitable giving now? Show clients who regularly give to charity how to use their IRA for those gifts. Most people who give to charity receive no tax benefits for their donations because they don’t itemize deductions. Instead, they use the higher standard deduction, which offers no extra tax deduction for charitable giving.