On New Year’s Eve, there are champagne toasts and doomed-to-failure resolutions to lose weight. At the stroke of midnight, there are also new laws on
In a perfect world, federal tax policy would be comprehensively analyzed, thoughtfully debated, and then enacted without partisan rancor or dispute. We don’t live in
The hallmark of a 501(c)(3) public charity is that it receives enough support from donations or grants to make it accountable to the public good.
Although the donor-advised fund (DAF) has been around for many decades, this charitable-giving format has surged in popularity in recent years. Our recent post, “Donor-Advised Funds: An
Section 501(c)(3) organizations enjoy lots of perks; most notably, relief from the federal income tax obligation. They are also eligible for government and foundation grants.
It’s that time of year again. You’re busy with holiday preparations and celebrations and, if you’re a key member of a nonprofit’s team, you’re
It’s the joyous season of goodwill, good deeds and generosity. Just ahead of the December 31st deadline for tax-deductible contributions, your 501(c)(3) charity is no
The Internal Revenue Service has been tinkering around with the rules about substantiating charitable donations of more than $250. The agency wants to know what
“High-net-worth folks,” we explained in an earlier post about family foundations, “have lots of choices about what to do with their money – including how
High-net-worth folks have lots of choices about what to do with their money – including how to give it away. Many give outright, unrestricted contributions