Philanthropy

The Senate and House passed bipartisan legislation to help nonprofits remain financially viable during the COVID-19 pandemic.

Nonprofits, lawmakers and others want to see more giving from fund donor-advised funds, which have grown popular recently because they’re so flexible.

The charitable partner of the Illinois CPA Society is providing 16 laptops to local accounting students who are in need of technology at home following school closures.

The Internal Revenue Service is postponing the date for filing gift tax and generation-skipping transfer tax returns and making payments until July 15 because of the novel coronavirus pandemic.

The coronavirus has made it necessary for white collar professionals to work remotely and for all to practice social distancing. Being away from the office doesn’t cancel paying it forward. Here are a few things CPAs can do.

PwC's U.S. leader discusses how his firm and the heads of other large organizations can do more to support their employees and the communities around them.

Prager Metis teams up with the Alzheimer's Association, and Centage Corporation expands its giving program.

Prager Metis CPAs wants more accounting firms to join the annual Walk to End Alzheimer’s.

The Financial Accounting Standards Board proposed an accounting standards update Monday to enhance the transparency of how not-for-profit organizations present and disclose contributed non-financial assets.

Here’s a look at the most significant decade for the fastest-growing giving vehicle.

To help individuals and businesses prepare for filing season, Grant Thornton has released a collection of year-end tax tips.

Here are some of the most commonly used vehicles for tax-advantaged giving your clients can deploy all year round.

The number of donor-advised fund accounts has tripled in the past four years and grown approximately 150 percent since the passage of the Tax Cuts and Jobs Act at the end of 2017, according to a new report.

Approximately 50 percent of taxpayers made at least one change in their charitable giving strategy in response to the Tax Cuts and Jobs Act, according to a new survey.

The Top 20 Firm's 2019 Community IMPACT Awards single out staff members and offices for their volunteer hours.

The American Institute of CPAs sent a set of recommendations to the Internal Revenue Service on the application of excise taxes to donor-advised funds.

Americans gave less money to charities last year partly because the Republican tax law changes made many people ineligible for tax breaks that can inspire donations.

Deloitte LLP said it resigned as Ferrexpo Plc’s auditor over delays by the Ukrainian iron-ore producer in investigating its own charitable donations.

Baker Tilly welcomes staff members' children for Take Your Child to Work Day, and BlumShapiro to host their annual Career Walk for local students on May 3.

As more presidential candidates release their tax returns, a picture of Democrats’ charitable giving is beginning to emerge. For the most part, they’re not as generous as most Americans.