The National Taxpayer Advocate has made available for download their article, “Giving Thanks, Giving Tuesday (November 29): Tax Benefits and Charitable Contributions”, published in The National Taxpayer Blog. The article begins as follows: On Thanksgiving, together with my family, I will pause, reflect, and give thanks for the good in my life, both personally and … Continue reading NTA Blog: Giving Thanks, Giving Tuesday (November 29): Tax Benefits and Charitable Contributions (November 22, 2022)

Sophie Alexander, Szu Yu Chen and Shera Avi-Yonah, of Bloomberg, have have made available for download their article, MacKenzie Scott’s Money Bombs Are Single Handedly Reshaping America, published in Bloomberg. The article begins as follows: One email about a $15 million gift, suspected of phishing, sat unopened for a month. Several others about a $20 … Continue reading Bloomberg – MacKenzie Scott’s Money Bombs Are Single Handedly Reshaping America (August 12, 2021)

Paul Sullivan, of The New York Times, has made available for download his article, "Nonprofits Get a New Type of Donation: Cryptocurrency," published in The New York Times. The article begins as follows: The University of Pennsylvania recently announced a $5 million gift to Wharton, its business school. The donation was not one of its largest, but … Continue reading NY Times – Nonprofits Get a New Type of Donation: Cryptocurrency (July 30, 2021)

Dan Parks and Eden Stiffman, members of The Chronicle of Philanthropy, have made available for download their article “Value of Charitable Deduction for All Americans Still Unclear”, published in The Chronicle of Philanthropy. The abstract is as follows: The share of Americans who give has been on a steep decline in recent decades, even as … Continue reading Dan Parks and Eden Stiffman: Value of Charitable Deduction for All Americans Still Unclear (June 17, 2021)

Nicholas Kulish, in their New York Times article, discuss a Senate bill that aims to change philanthropy laws. The article, “How Long Should It Take to Give Away Millions?,” includes the following commentary: The billionaires, former government officials and academics gathered in a Manhattan conference room to brainstorm solutions to a problem they had all been … Continue reading NY Times (June 9, 2021): How Long Should It Take to Give Away Millions?

Edward A. Zelinsky, of the Benjamin N. Cardozo School of Law at Yeshiva University, has published an article in Tax Notes. His article, titled "A Response to the Initiative to Accelerate Charitable Giving," begins as follows: The Initiative to Accelerate Charitable Giving describes itself as “a broad coalition dedicated to promoting common-sense, nonpartisan charitable giving reforms.”1Among its … Continue reading Edward A. Zelinsky: A Response to the Initiative to Accelerate Charitable Giving (January 28, 2021)

Jean Gordon Carter, Michele McKinnon, and Bradley Ridlehoover, of McGuireWoods LLP, have made available for download their article, Charitable Lead Annuity Trusts: Planning Opportunities in Today’s Low-Interest-Rate Environment, published in JDSUPRA. The abstract is as follows: As the pandemic continues to hinder nonprofits’ ability to fundraise effectively and connect with supportive donors, a charitable lead annuity trust … Continue reading Jean Gordon Carter, Michele McKinnon, and Bradley Ridlehoover (McGuireWoods LLP): Charitable Lead Annuity Trusts: Planning Opportunities in Today’s Low-Interest-Rate Environment (February 12, 2021)

Valeriya Safronova, in her New York Times article, focuses on the growing number of women who are embracing individual identities in philanthropy. Her article, “How Women Are Changing the Philanthropy Game,” includes the following commentary: ...In recent years, with the rise of women in the workplace and the growth of movements centering their experience, women’s giving has … Continue reading NY Times (January 30, 2021): How Women Are Changing the Philanthropy Game

Paul Vallely's The Guardian column focuses on the benefits of philanthropy. His article, How philanthropy benefits the super-rich, begins as follows: hilanthropy, it is popularly supposed, transfers money from the rich to the poor. This is not the case. In the US, which statistics show to be the most philanthropic of nations, barely a fifth … Continue reading Paul Vallely, The Guardian (September 8): How philanthropy benefits the super-rich

Treasury has issued proposed regulations that clarify a provision in the 2017 tax law that requires nonprofit organizations to calculate unrelated business income tax ("UBIT") separately for each trade or business. The summary for the proposed regs is as follows: This document contains proposed regulations that provide guidance on how an exempt organization subject to … Continue reading Treasury Issues Proposed UBIT Regs (April 24, 2020)