Charitable Giving Deductions
Keep up with the latest news about charitable giving deductions and strategies and philanthropic economics.
Charity Donations Rose in 2012: Giving USA
By Michael S. FischerAmericans donated an estimated $316 billion to charity in 2012, according to the annual Giving USA report, released Tuesday.
March 21, 2013
Obama’s Effort to Limit Charitable Deductions Faces House PushbackThe Senates budget seeks to limit the amount by which affluent taxpayers can itemize deductions, including charitable donations. But the plan is unlikely to go far in the House.
January 25, 2013
Charitable giving linked to stock performanceA U.S. Trust managing director says advisors should not shy away from discussing charity with clients.
January 24, 2013
Charitable Giving Linked to Higher Stocks, Not Lower TaxesThe stock market has risen 5% year to date, and that helps philanthropic giving more than fears over ending the charitable deduction hurt it, the U.S. Trust wealth strategies advisor Ramsay Slugg told AdvisorOne.
January 04, 2013
Tax Law Leaves Charitable Deduction IntactBut the permanent extension of the Pease limitation on itemized deductions was met with less enthusiasm from charities.
December 18, 2012
Gift Now or Not? Impact of Pease Limit on Charitable DeductionsWhile many of your clients are left wondering if they should accelerate charitable giving into 2012 to ensure that they reap the benefits of the current deduction, others are looking ahead to an entirely different scenario.
November 27, 2012
5 Smart Approaches to Charitable Giving This Holiday SeasonWith so much tax and fiscal uncertainty, Schwab Charitables Kim Laughton offers these strategies to help donors manage the recent boom in charitable giving.
September 05, 2012
Romney’s Approach to Nonprofits a Sharp Contrast From Obama’s, Report SaysGOP presidential candidate Mitt Romney has had a very active personal involvement with charitable giving and the nonprofit world. But in many ways, his positions contrast sharply with those of President Obama.