Page 7 - Charitable Planning News Today

The Biden administration took further action this week to degrade the ability of Belarus and Russia to sustain a military campaign against Ukraine. The measures are the latest in a series of restrictions levied by the U.S. in coordination with European allies. The U.S. Department of Commerces Bureau of Industry and Security (BIS) extended the controls on hardware, software, and technology that it…

In June 2020, California lawmakers passed legislation that limited use of net operating losses (NOLs) for California taxpayers with net business income of $1 million or more for the tax years 2020, 2021, and 2022. In addition, the amount of business tax credits that could be used in a year to offset California tax was limited to $5 million for the same tax years. (See related Wilson Sonsini…

On February 2, 2022, the Belgian Data Protection Authority (DPA) found that the Interactive Advertising Bureau Europe (IAB) Transparency & Consent Framework (TCF), a tool used to record individuals online ad preferences, violates the General Data Protection Regulation (GDPR). The DPA fined IAB Europe €250,000 (approx. USD 280,000), ordered the deletion of all data collected through the TCF, and…

The Colorado Attorney Generals office is poised to begin the rulemaking process for the Colorado Privacy Act (ColoPA).1 On January 28, 2022, Colorado Attorney General Phil Weiser issued prepared remarks outlining key rulemaking topics and announcing plans to seek input from Colorado consumers, businesses, and other stakeholders over the coming months. Although the ColoPA does not come into force…

Firm’s Opening in Colorado Follows Salt Lake City Office Launch in Late 2021 Contact:Kelsey DellovoBaretz+Brunelle339.223.0961 Mobilekdellovo@baretzbrunelle.com PALO ALTO, CA (February 1, 2022) – Wilson Sonsini Goodrich & Rosati, the premier provider of legal services to technology, life sciences, and growth enterprises worldwide, announced today that the firm is opening an office in Boulder,…

After an 11-year bull market, you may be holding some long-term assets that have grown considerably. You may be wondering how to make the most of this moment, how your smart investing can have the best return. If you know what I do for a living, you can probably guess that I’m going to ask you to consider donating stocks to your favorite charity. You are right! But you may be surprised at all the reasons why… ROI for You Donating stocks has several benefits over donating cash. Your ...

Carlyn McCaffrey focuses her practice on domestic and international tax and estate planning for high net worth individuals.

Housing and Development Newsletter She served as the president of the Charitable Estate Planning Institute from 2012 and retired in 2016. Hays lectures to groups on estate and charitable planning, probate, living wills, annuities, life insurance, retirement planning, and IRAs, as well as income, estate and gift taxation. Hays earned a bachelor of science in business administration and a J.D degree from Drake University Law School, Des Moines, Iowa. Registration is $15 for members; $20 for non-m...