During the 2008 recession, many families took advantage of the down markets and leveraged gifting options to reduce taxes. 2022 has once again provided such an opportunity. How long this...
Taking Advantage of Depressed Asset Values to Save Taxes
Philanthropy
Accelerating Charitable Efforts (ACE) Act
In June 2021, Senators King (I-Maine) and Grassley (R-Iowa) introduced the bipartisan Accelerating Charitable Efforts (ACE) Act. If enacted, this proposed legislation would modify the charitable...
Recent Supreme Court Decision Regarding Donor Disclosure Rules Protects Donor Privacy
Must charities and non-profit organizations disclose the names and addresses of major donors? (A “major donor” is one who contributes more than $5,000 or 2% of the charity’s annual donations.)...