U.S. President Barack Obama has recently signed into law the Protecting Americans from Tax Hikes (PATH) Act of 2015, which is legislation that includes a permanent extension of the IRA Charitable Rollover.

The IRA Charitable Rollover allows taxpayers age 70 1/2 or older to make tax-free charitable gifts of up to $100,000 per year directly from their individual retirement accounts to eligible charities.

In order to take advantage of the IRA charitable rollover, persons must make a gift from their IRA on or before Dec. 31.

Call your IRA custodian and have them make a check payable to the charity!