Philanthropy

The number of private tax-advantaged foundations and the amount of assets contained in them has reached nearly $2 trillion, even as the administration considers imposing new taxes.

The Council brings leading public accounting firms together across the country to provide greater awareness of the noble mission of the USO and raise funds.

Financial advisors and their clients have a range of options to consider for traditional IRA holdings — but also a finite deadline.

The council's inaugural in-person meeting will be held on Tuesday, Dec. 16 from 12:00 p.m. EST through 1:30 p.m. EST at Sax's New York City offices.

The initiative from the president's tax law has drawn support from corporate and financial leaders.

Just in time for Giving Tuesday, there's some good news for charities, thanks to the One Big Beautiful Bill Act, but also some new caps and limits.

The USO's Accountants Salute the Troops Council aims to bring the accounting firms together to raise $250,000 in funding by July 4, 2026.

The Council raises between $1 million to $1.5 million per year from approximately 40 participating accounting firms to research and treat Alzheimer's disease.

A limited federal tax credit, an above-the-line deduction for non-itemizers and restrictions on those of itemizers represent three of the biggest shifts under the new law.

The California Society of CPAs and the National Association of Black Accountants are helping the entertainment community, businesses and homeowners recover.

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

Acronyms like CRT, CRAT, CRUT and NICRUT could have many clients' heads spinning. Here's a guide to the key pros and cons for financial advisors to consider.

Bequests returning territorial assets to indigenous nations pose thorny questions for financial advisors and their clients, two experts tell FP.

The accounts are expected to grow by another trillion dollars over the next decade because of their tax and flexibility advantages, Daffy CEO Adam Nash said.

SD Mayer's 5 Buckets Foundation brings together staff, clients and more to improve financial literacy.

Here's a smart way to add long-lasting value to your client relationships.

Marlene Engelhorn plans to let 50 strangers decide the fate of her inheritance.

Nonprofit development and accounting departments are working toward the shared goals of sustainable growth and accomplishing their mission.

The American Institute of CPAs is asking the Treasury and the Internal Revenue Service to postpone the effective date of their final regs on donor-advised funds.

Firms of any size can inspire a world-changing culture that starts from the inside of the organization and expands into other spheres of influence.