It is not unusual for a tax adviser to suggest that a client involved in estate tax planning leave some assets to a char­ity. Clients who would like to see their charitable endeavors perpetuated are ...
Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. AzmanL / Getty Images Form 8283: Noncash Charitable Contributions is ...
Planned giving design center at “Resources” maintains a variety of federal income tax forms and forms relating to charitable organizations. The site also includes J. Michael Pusey's " Exploring the ...
These dual-purpose tools let affluent families combine philanthropic goals with advanced tax planning to generate income, reduce estate taxes and preserve wealth.
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...
The Tribunal held that CSR contributions received with strict donor directions and refund obligations may constitute tied-up grants rather than freely available income. Such funds require factual ...
What Is a Charitable Remainder Trust? Charitable remainder trusts (CRTs) are a popular estate planning strategy for high-net-worth individuals and philanthropists looking to reduce their tax liability ...
Trusts exist to manage assets on behalf of businesses or organizations. They have a variety of legal uses, all of which help business owners or their beneficiaries preserve and grow their wealth. For ...