Tag Archives: Tax Laws & Giving
Death and Taxes
Nothing is certain, it is said, except death and taxes. Now that another tax season has come and gone – and legislative changes to the charitable income tax deduction have again been proposed – those of us in the development field can also count on speculation about the extent to which tax considerations drive planned [...]
Time to Act
After watching a high-stakes stalemate in Congress over the federal budget this summer, the philanthropic community is now preparing for a critical fight over the role of charitable giving in American society. President Obama’s fiscal 2012 budget calls for taxing families on money they gave to charity by limiting the value of itemized charitable deductions [...]
Share Planned Gifts to Receive Planned Gifts
Establishing a comprehensive Planned Gifts program can be intimidating for any development director, particularly in a “small shop”. As in any other fundraising program, though, the most productive planned gifts efforts involve simply reaching out to one donor at a time with concise, easy to understand information and tips. By educating your constituency about planned [...]
The New Tax Bill: What Does It Really Mean?
Atlanta area CPA firm Tarpley and Underwood, www.t-u.com, offers a concise, understandable summary of some important charitable provisions in the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, signed into law December 17. On a positive note, the act extends and expands a wide variety of valuable tax breaks and includes tax [...]
