Charitable deductions

What happens if your client invests in a Roth IRA? What about buying a home? Or even donating to charity?

DAFs have been receiving more than half their contributions from complex assets such as shares of public and private companies, real estate and cryptocurrency in the past five years.

Buyers’ criteria; EARN; marriage and accounting; and other highlights from our favorite tax bloggers.

The Internal Revenue Service is providing guidance on how employers and employees can help Ukraine while also qualifying for tax relief on the donation program.

Under IRS rules, donors can both deduct the value of the gift and avoid any capital-gains tax on the investment.

The pandemic-related tax provision permits more people to deduct donations to qualifying charities on their 2021 federal income tax return.

Donor-advised funds increased their donations to charities last year in response to the COVID-19 pandemic, hitting the biggest levels in over a decade.

How to network; testing cyber defense; Pandora the explorer; and other highlights from our favorite tax bloggers.

Paying guests at the Met Gala get to deduct much of the $35,000 ticket price, says Matthew Yglesias.

The IRS won’t treat cash-for-vacation donations as compensation.

Because each state’s requirements vary, nonprofits and their accounting firms are tasked with navigating a complex regulatory landscape.

Syndicated conservation easement deals cheat the IRS out of an estimated $250 million by overvaluing deductions.

Since last tax season, many clients have reassessed their charitable giving.

Holders of donor-advised funds increased their disbursements last year in response to urgent demands for greater charitable contributions to cope with the COVID-19 pandemic.

Contributions made through the crowdfunding platform can often fall into a gray area.

DAFs offer tax advantages, legacy planning options and flexibility that other giving vehicles can’t.

The Internal Revenue Service is reversing course on the automatic revocation notices that it sent to more than 30,000 tax-exempt organizations.

Democrats on the House Ways and Means Oversight Subcommittee want the agency to reverse the automated revocation of status for tens of thousands of nonprofits.

Businesses can generate tax benefits from unwanted stock.

Depending on the economy and the election, they could be on the chopping block as soon as 2021.