Philanthropy

New Jersey took the first step toward allowing residents with the nation’s highest property taxes to circumvent a new federal limit on state and local tax deductions.

The North Carolina firm saw staff members take a 'polar plunge' as part of a $45K fundraising event.

Changes to the tax code may restrict growth in philanthropy to U.S. higher education to less than 6 percent this year, according to a report this week from Moody’s Investors Service.

The firm's first annual 'Founder's Award' recognized Imagine: A Center for Coping with Loss in New Jersey.

The Cincinnati firm marked its 80th anniversary by supplying new decontamination units for its "Healthy Heroes" campaign.

A collection of firms' recent philanthropic efforts.

The Internal Revenue Service has revised the streamlined application form for groups that are applying for tax-exempt status.

A collection of firms' recent philanthropic efforts.

They dodged a number of bullets, and other code changes could spur more giving, experts say.

Before the ink was dry on the Republican tax bill signed into law late last month, experts predicted that state governments would try to shield their residents from tax hikes they’ll suffer from a sharp reduction in state and local deductions.

Former school staff members Dan and Sharon Wathen's award will aid accounting students in the Athletics department.

At the end of every year, millions of Americans can make strategic moves to shave a few bucks off their April tax bill. Right now, millions more should be able to get into the act, with Congressional Republicans poised to pass a 503-page law that fundamentally restructures the U.S. tax code.

Taxpayers can expect many of their cherished deductions for charitable contributions, family members, and state and local taxes to go away under the Senate tax reform legislation.

The Big Four firm will accept the "Spirit of the Founders" award for its philanthropic efforts.

The amount of total assets under management in donor-advised funds grew 9.7 percent to more than $85 billion last year, as an 80-year-old vehicle for philanthropy and charitable giving continues to grow in popularity.

For more than 30 years, colleges and universities have leaned on an obscure tax rule that allows sports boosters to make tax-deductible contributions to their teams. Athletic fundraisers around the country say that’s an advantage that generates millions in annual revenue—and one that’s threatened by Republican tax legislation.

20 young CPAs received the annual award for contributing to accounting specialty areas and their local communities.

Hurricanes Harvey, Irma and Maria, and the recent wildfires in California have affected millions of people and led to an outpouring of charitable gifts and donations, including contributions from businesses with employees in the path of the disasters.

30 firms and groups volunteered in 14 towns across the state for the annual event.

129 volunteers representing 14 businesses served their communities and raised awareness of the profession.