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Now that your taxes are done . . .

Some good news from the fiscal cliff deal

If you’ve just completed your taxes and paid more to Uncle Sam than you intended, read on. The Fiscal Cliff Deal, officially known as the American Taxpayer Relief Act of 2012, includes a provision you may find helpful as you think about 2013 income taxes.

The provision is for individuals 70½ and older who are required to take distributions from their Individual Retirement Accounts (IRA). If this doesn’t describe you, you might want to give this to an older friend or family member.

At age 70½ you are required to take distributions from your IRA, even if it puts you in a higher income tax bracket. But the IRA Charitable Rollover provision in the Taxpayer Relief Act may help you avoid that higher bracket. You may make a donation of up to $100,000 from your IRA directly to a qualified charity such as Asian Access. You may not make this donation to a donor advised fund, a supporting organization, or a private foundation. Also, this provision does not apply to Roth IRAs.

Although the funds are given to a charity, this donation counts as a distribution from your IRA. But it will not increase your income, potentially putting you into a higher income tax bracket. While you cannot take an income tax deduction for this donation, you may still avoid unnecessary taxes by staying out of a higher tax bracket.

The IRA Charitable Rollover provision is not for everyone. Check with your tax advisor to determine the best course of action for your specific situation.

Should you decide to move ahead with a donation from your IRA, ask your IRA custodian to send a distribution to Asian Access, PO Box 3307, Cerritos, CA 90703. This provision is temporary—it applies only to this year. So your IRA custodian must complete the distribution by December 31, 2013.

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What they're saying...

Toshio Maehara
John Pearson
Dan Busby
Hugh O. McClellan
Rob Martin

Toshio Maehara

"As a Japanese businessman living in the U.S., I was reluctant to accept an invitation to join the Board of Directors of Asian Access. My schedule was so full, and I feel my English is not so great. However, when I met the staff and the missionaries, and when I first visited with other Board members, somehow I just couldn't refuse their invitation. My friends in Japan who are pastors and businessmen tell me how much they appreciate Asian Access missionaries and staff. They often tell me, 'they are people who give themselves unselfishly to the cause of Christ in Japan.' As a Japanese, I feel challenged by the men and women of Asian Access to do more for my own country. I am proud to be a supporter and a member of the Board of a mission like Asian Access."

Rev.Toshio MaeharaToshio Maehara
President, Maehara and Associates and 

Asian Access Board Member

John Pearson

"You can sense the energy and optimism of a ministry by visiting its website and meeting the key leaders. But…to know the heart and heartbeat of the ministry, get acquainted with their board members. As the board goes, so goes the ministry. So I’m delighted to say—based on up-close and personal observations and interactions—I know that Asian Access is led by God-honoring board members who care deeply about the Gospel and the Great Commission. And as stewards of the ministry, the board ensures that Asian Access continues to meet or exceed the rigorous accreditation, integrity, and transparency requirements of the Evangelical Council for Financial Accountability (ECFA)."

pearson john 75pxJohn Pearson,
Board Governance & Management Consultant,

Author, Mastering the Management Bucket 

Dan Busby

"Asian Access is a charter member of ECFA, having been a member for 39 years. ECFA is privileged to accredit this significant ministry as it develops leaders, growing and reproducing churches throughout Asia. We congratulate Asian Access on reaching the significant milestone of 50 years in ministry. May God continue to bless you as you advance God's kingdom."

Mr. Dan Busbybusby dan ecfa 75px
President, ECFA (Evangelical Council for Financial Accountability)




Hugh O. Maclellan

"I have full confidence in Asian Access as their track record for developing leaders is strong and impressive. Their successful church multiplication model has impacted thousands of lives worldwide."

hugh m 75pxHugh O. Maclellan, Jr.Chairman of the Board
The Maclellan Foundation, Inc.

Rob Martin

"If you want to change a country through strengthening the church, look at Asian Access. They do it right!"

rob martin 75pxRob Martin
Former Executive Director, First Fruit, Inc.

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Asian Access

Asian Access changes the few who change the many.

PO Box 3307  Cerritos, California 90703 USA

email:  info @
phone:  (626) 914-8990

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