Philanthropy

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

Students in the Volunteer Income Tax Assistance Program offer free tax help for low to moderate-income taxpayers in Vermont.

The network's local member firms in Istanbul and Ankara recommended an advocacy organization funded by Turkish rock singer Haluk Levent.

CliftonLarsonAllen provided the grant in the aftermath of the Robb Elementary school shooting last May.

The New Jersey Society of CPAs announced 10 winners of its student loan debt lottery, with each receiving $1,200 toward their student loan debt.

The Internal Revenue Service's Exempt Organizations unit needs to change its procedures and training when deciding whether to deny tax-exempt status to charities, according to a new report.

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

Baker Tilly appoints new chief people officer; CohnReznick names first ESG practice leader; and more CPA news.

The Florida Institute of CPAs held a disaster recovery event at Fort Myers accounting firm Stroemer and Co. to support people affected by the disaster. 

The most important quality of the so-called 501(c)(4) organization boils down to one word: control.

Team members donate time and resources in Michigan as part of the firm's annual Day of Impact. 

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.

The Internal Revenue Service's streamlined application process for tax-exempt status could be allowing corrupt charities to claim exemptions before the IRS has enough information.

The Georgia Society of CPAs and Feeding Georgia's ninth annual Georgia Accounting Food Fight raised $372,907 this year, which represents over 1.4 million meals

The New Jersey Society of CPAs has launched its thirteenth annual food drive to benefit the Community FoodBank of New Jersey

Private foundations are using donor-advised funds to sidestep federal laws designed to make sure the wealthy donate money to the needy in a timely fashion, not defer the gifts for generations.

The accounting firm is aiding the United Way of the Capital Region through a miniature golf tournament.

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.

All Bonadio Group offices were closed on Friday, as the CPA firm celebrated its fifth annual Purpose Day.