Charitable deductions

Handling tough clients; not all revenue is created equal; military returns; and other highlights from our favorite tax bloggers.

Donor-advised funds are continuing to grow while enjoying substantial tax deductions -- even as many contributions go to other DAFs.

With 2025 nearly here, year-end tax strategies including gifting, charitable donations, estate planning, retirement plans and more are on the table.

Between inflation and reduced contributions, charities and not-for-profits are being squeezed and need extra help and time to file their Form 990 with the IRS.

Where are residents the most giving? Check out this ranking, which tracks the states with the most charitable donations, as well as volunteering and service.

The ultra-wealthy are using DAFs and private foundations to avoid taxes and exert influence, at the expense of ordinary taxpayers.

The service is cautioning taxpayers against claiming exaggerated deductions for purported donations of artwork, as it sees a rise in such schemes.

Your employees' well-being; statutory residency; new blog in town; and other highlights from our favorite tax bloggers.

From a bag of used clothing to artwork worth millions, donations can get a tax deduction — the complications arise when dealing with substantiation requirements. 

Hard data about charitable donations denominated in cryptocurrency is difficult to obtain.

The Internal Revenue Service and the Treasury Department issued a notice offering a safe harbor for the deed language in charitable conservation easements.

Affluent investors typically have more complicated financial lives and more ways to get things wrong when filing federal tax returns in 2023.

The IRS continues to pursue these controversial transactions, in court and elsewhere.

A chief counsel memo says taxpayers who want to claim tax deductions for donating cryptocurrency need to first receive a "qualified appraisal" if the amount exceeds $5,000.

The new year brings a new tax season and the opportunity to advise clients on ways to save money on their taxes.

Certain wealthy people have placed big bets on the companies that made them rich for decades without the IRS objecting.

From sea changes with inherited retirement plans to the ETF juggernaut, here's what advisors grappled with for affluent clients.

Taxpayers can no longer get away with 'substantial compliance' — they need to have their 'contemporaneous written acknowledgements' in order.

Grants to charities from donor-advised funds grew 28% last year, according to a new report, as DAFs also come under scrutiny for helping the wealthy shield their money from taxes.

The flow of money from private foundations to donor-advised funds has jumped substantially in recent years, highlighting the increasing use of a controversial loophole in charitable law, a new audit shows.