Charitable Giving Deductions
Keep up with the latest news about charitable giving deductions and strategies and philanthropic economics.
Surprise! CARES Act Charity Tax Break for 2021 Is Not Above the Line After All
By Jeff BermanMany advisors and tax planners missed this change when the CARES Act provision was extended, CPA Jeffrey Levine says.
July 26, 2021
It's Never Too Early to Think About Estate PlanningAdvisors should encourage young investors to start the process, choose beneficiaries, and think about making a long-term impact..
June 02, 2021
Donor-Advised Funds' Surge May Have Cost Charities $300B Over 5 Years: StudyIndividual giving has shifted substantially toward donations to DAFs and private foundations.
May 18, 2021
Wealthy Americans Boosted Giving to Local Causes in 2020: StudyA recent poll reveals three distinct shifts in giving behavior related to the pandemic.
May 04, 2021
5 Ways to Use a Tax Return as a Financial Planning ToolA new client's 2020 tax return can be a jumping-off point to understanding their financial situation.
March 01, 2021
Fidelity Charitable Wins Lawsuit Over Stock DonationA couple, both hedge fund managers, charged that false promises were made to induce them to contribute stock to a donor-advised fund.
November 24, 2020
Quiz: What Do You Know About Charitable Giving and Taxes?To help clients in their end-of-year planning, advisors need to know how to leverage giving in 2020.
November 04, 2020
Top 3 Trends in Charitable Giving and Why They MatterThe effects of COVID-19 and racial and social inequity have led to heightened awareness, as clients look to make a lasting impact.