Topic
Charitable Contribution Deduction
255 published works
For Purpose Law Group Blog
Just One More Fundraising Task….
As the clock strikes midnight this New Year’s Eve, with the final 2024 charitable contributions trickling in, there is one final task for the exhausted but grateful boards and staff…
Taft Tax Insights
Did you know that the tax benefits of contributing property to a charity are often greater than donating cash?
By James Duffy
Content by Jim Duffy The key advantage lies in the ability to avoid paying capital gains taxes on appreciated assets, such as real estate, stocks, or other investments. A donor…
Nonprofit Law Blog
Nonprofit Resources of the Week – 12/15/24
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Resources of the Week. Notable Nonprofit Posts, Articles, & Other Resources: Threats to Nonprofits…
Nonprofit Law Prof Blog
The Bib and Tucker of Cryptocurrency DAF Contributions
We are well into an age where an emperor might walk around buck naked and the people nevertheless proclaim that he’s always smartly dressed. Mexico will pay for the wall…
Nonprofit Law Prof Blog
Charitable LLCs and the Partial Interest Rule
The Service is warning taxpayers about what it considers an abusive charitable deduction transaction. From IRS Notice IR-2024-304, Dec. 4, 2024 . . . In the “Charitable LLCs”…
ImmigrationProf Blog
#GivingTuesday
It's Giving Tuesday, time to assuage the guilt of yesterday's Cyber Monday sprees with some charitable contributions.There are a LOT of wonderful immigration-related 501(3)(c) organizations that you might consider donating…
Nonprofit Law Prof Blog
A Proposal to Replace the Charitable Deduction with Matching Grants
Robert McClelland, from the Urban-Brookings Tax Policy Center has a really provocative piece in The Chronicle of Philanthropy. He argues that we should do away with the charitable contribution deduction…
Nonprofit Law Prof Blog
Tax Effects of Crowdfunding Distributions – Charitable and Otherwise
The IRS recently posted guidance on its website about the tax implications of distributions from online crowdfunding. With some regularity I have conversations with students or others who have raised…
Nonprofit Law Blog
Nonprofit Resources of the Week – 4/21/24
Stay informed of the week’s notable events and shared resources with this curated list of Nonprofit Resources of the Week. Notable Nonprofit Posts, Articles, & Other Resources: The Israel-Hamas War…
Nonprofit Law Prof Blog
DOJ’s Latest Salvo in Battle Against Inflated Conservation Easement Deductions
DOJ filed a reply brief in the government’s latest offensive against illegitimate conservation easement deductions. The case is Brooks v. Commissioner pending in the 4th Circuit. Here is the argument…