To many families and individuals, donating high value artwork to an art-related charitable organization, such as a museum, is a worthwhile legacy strategy as it can offer meaningful philanthropic ...

In 2024, the standard deduction is $14,600 for single tax filers, $29,200 for joint filers, and $21,900 for people filing as ...

returns in 2003, according to a new Internal Revenue Service study. The biggest share of those contributions was made up of corporate stock, which accounted for $13.7-billion, or 38 percent of the ...

Crypto philanthropy is emerging as a meaningful funding stream, particularly among younger and wealthier donor demographics. Photo by Nikolas Kokovlis/NurPhoto via Getty Images “There is a lot of ...

Valensi Rose PLC provides the following overview of the deconstruction process and a general discussion of the potential federal charitable contribution tax considerations associated with the donation ...

The U.S. Tax Court, in a memorandum decision, held that taxpayers were not entitled to charitable contribution carryover deductions arising from a 2016 donation of real property because they failed ...

Each year, individuals and families contribute thousands of pounds of tangible personal property – such as gently used clothing, old toys, furniture and household appliances – to local charities. In ...

Donating to a nonprofit doesn’t just help others — it can also help reduce your tax bill. But not every donation qualifies. This guide explains which charitable contributions are tax-deductible, how ...

Equity Business Valuation Services has launched business valuation services designed for high-net-worth clients ...

Now’s a good time to tell your clients how to substantiate their charitable gifts on their 2016 federal income tax returns—due by April 18, 2017. Strict, detailed and overlapping substantiation ...