Justin T. Miller, of BNY Mellon, has published his article, Charitable LLCs: Have Your Cake + Eat It Too, in Tax Notes Today. This article explains how charitable LLCs avoid restrictions that apply to traditional tax-exempt charitable organizations, and he examines how they can be used (or potentially abused) to generate charitable contribution deductions.
See full article by clicking here (subscription to Tax Notes required).
See also Powerpoint by Mr. Miller discussing same topic (no subscription required) by clicking here.
Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.