Philanthropy

A top Senate Democrat is looking to end tax breaks for college donations that parents may be making to universities in an attempt to get their children admitted.

CohnReznick celebrates International Women's Day, EY marks ten years of its College MAP program, and UHY holds its annual charity Texas Hold 'Em Tournament.

Education Secretary Betsy DeVos is riding to the rescue of a private-school tax break that was ensnared in a bitter fight between the Treasury Department and Democratic states that sought to circumvent caps on state and local deductions under the Trump tax overhaul.

North Carolina firm DMJ & Co. also participated in a local 'Polar Plunge' to benefit the Special Olympics.

Since the Tax Cuts and Jobs Act passed at the end of 2017, more CPAs, as well as attorneys and financial advisors, have recommended their clients establish DAFs.

A Warren Averett staffer is named Atlanta Habitat chairperson; Friedman LLP participates in a local Equinox Cycle for Survival charity ride; and the Bonadio Group donates to two local Habitat for Humanity chapters.

NJCPA CEO Ralph Thomas will also discuss property taxes and field questions on a live PBS session.

Baker Tilly partner Susan Teicher also joined Women in Need's board of directors.

A Henry+Horne senior manager volunteered with the Foundation for Blind Children, and Stephano Slack delivered gifts to Devereux Behavioral Health.

AAFCPAs' 'Giving Tuesday' also raised $31K for local charities, and Marks Paneth's Parsippany office donated gifts to the Salvation Army.

The New Jersey Society of CPAs also donated over 3,700 pounds of food to local food banks.

Katz, Sapper & Miller also held its ninth annual Day of Service.

Grants from donor-advised funds to charities grew 19.9 percent last year, thanks to the new tax law.

The American Institute of CPAs announced the top volunteers of its Business Valuation Services and Forensic and Litigation Services.

The American Institute of CPAs recognized young professionals who have made significant contributions to the profession and to their communities.

St. Louis firm Abeles and Hoffman also honored its late managing partner and Long Island CPA Michael Holmstrom will be boxing for charity.

The American Institute of CPAs recognized four members for their long-term dedication to volunteer efforts.

The Indiana Society of CPAs also held its annual Day of Service.

The Baltimore school will use the donation to establish an endowed accounting chair and help strengthen its programs.

MICPA will recognize over 60 local CPAs for their leadership and service at a dinner ceremony on Oct. 3.