Cash-Strapped Connecticut Licks Tax Chops at Yale Endowment Fund
A proposed bill in the state would tax endowment income in funds with $10 billion or more — a distinction that applies only to Yale.
Do Political Campaign Donations Cannibalize Charity Gifts?
Donors who made campaign gifts in 2012 actually gave more to charity than they did the year before, a study found.
20 Most Generous U.S. Donors: 2016
Overall giving by ultra-wealthy donors fell by 30% as tech entrepreneur donations plummeted.
Reducing the Impact of Obamacare’s Net Investment Income Tax
The pain of the NIIT, designed to partially fund the Affordable Care Act, can be softened by smart planning.
Andy Friedman’s 8 Tips to Cut Taxes for Clients Before Congress Acts
Nobody can accurately guess how Congress will act, so take advantage of these current tax savings, suggests The Washington Update's Friedman.
Noncash Charitable Donations: Proceed With Caution
Failure to properly document noncash gifts can result in disallowance as charitable tax deductions and even monetary penalties, the American Endowment Foundation warns.
Combine ILITs With IRA Trusts to Maximize Inherited IRA Benefits
Estate planning for IRA assets can be complicated. An irrevocable life insurance trust with an IRA trust can provide a solution.
SaveDay to Launch Robo-401(k) for Small Businesses
A new robo-401(k) that targets small-business owners hit the market in February.
How Advisors Can Help the Community, Boost Their Business
At TD Ameritrade’s National LINC conference in Orlando, attendees discussed ways they were positively interacting with their communities and the benefits to their businesses.
Schwab, Fidelity Report Record Donor-Advised Fund Giving in 2015
In a sign of the times, Fidelity DAFs now accept contributions in bitcoin.