Athletic Booster Clubs Must Not Maintain Separate Accounts for Athletes

The IRS has issued (yet) another adverse determination for an exempt Section 501(c)(3) youth athletic booster club for private inurement…

Grant Program for Black Women Entrepreneurs Put On Hold By 11th Circuit Injunction

The 11th Circuit Court of Appeals issued an injunction to prevent a tax-exempt organization’s grant program from issuing grants to…

When structured carefully, a donor can obtain a double tax benefit from the donation of appreciated closely-held stock to a…

Two recent cases have come down from the Tax Court denying taxpayers deductions for their charitable donations – again emphasizing…

In keeping with the IRS’s previous rulings in the area of cryptocurrency, the IRS issued Office of Chief Counsel Memorandum…

Colorado Gives Day, an initiative to increase philanthropy in Colorado through online giving, is here again. Since 2007 the Community…

A newly released report shows that the current cap on deducting state and local taxes appears to be reducing charitable…

President Biden has proposed in his fiscal year 2023 budget to clamp down on the ability of private foundations to…

In light of the recent disasters across the Midwest, the IRS, Independent Sector and the National Council of Nonprofits issued…

Tuesday December 7th is Colorado Gives Day, an initiative to increase philanthropy in Colorado through online giving. Since the initiative…