Page 3 - Charitable Deductions News Today

Grants to charities from donor-advised funds grew 28% last year, according to a new report, as DAFs also come under scrutiny for helping the wealthy shield their money from taxes.

The flow of money from private foundations to donor-advised funds has jumped substantially in recent years, highlighting the increasing use of a controversial loophole in charitable law, a new audit shows.

What happens if your client invests in a Roth IRA? What about buying a home? Or even donating to charity?

DAFs have been receiving more than half their contributions from complex assets such as shares of public and private companies, real estate and cryptocurrency in the past five years.

Buyers’ criteria; EARN; marriage and accounting; and other highlights from our favorite tax bloggers.

The Internal Revenue Service is providing guidance on how employers and employees can help Ukraine while also qualifying for tax relief on the donation program.

Under IRS rules, donors can both deduct the value of the gift and avoid any capital-gains tax on the investment.

While tax planning works better as a year-round process, there are steps you can take now to get your finances ready for filing in April.

The pandemic-related tax provision permits more people to deduct donations to qualifying charities on their 2021 federal income tax return.

The pandemic-related tax provision permits more people to deduct donations to qualifying charities on their 2021 federal income tax return.