DAF grantmaking to charities increases
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.
Source: accountingtoday.com
Page 5 - Charitable Deductions News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Charitable Deductions. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Charitable Deductions Today - Breaking & Trending Today
Foundations set up by the rich are increasingly using charity loophole
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.
Source: accountingtoday.com
What happens to a client's tax liability with proper financial planning?
What happens if your client invests in a Roth IRA? What about buying a home? Or even donating to charity?
Source: accountingtoday.com
Donor-advised funds taking in more noncash assets like crypto
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.
Source: accountingtoday.com
In the blogs: Fooling ourselves
Buyers’ criteria; EARN; marriage and accounting; and other highlights from our favorite tax bloggers.
Source: accountingtoday.com