For many years, certain trusts have proven exceptionally effective for wealthy individuals and to transfer some of their assets to the next ...

Patient makes 2nd $500K donation to Holy Cross Health Foundation, doubling his total gift to $1 million to support Fort Lauderdale care.

You've been hearing whispers about this strategy for years. Maybe your financial advisor mentioned it in passing, or you ...

It might feel as if the IRS taxes most of your hard-earned money, but some types of income are nontaxable.

The support strengthens the Alliance’s ability to support individuals and families affected by mental illness.

A corporation’s annual charitable contribution deduction cannot exceed 10% of the corporation’s taxable income Sec. 170 (b) (2) (A)), computed without regard to the following (Sec. 170 (b) (2) (D)): ...

More Americans are using donor-advised funds to claim charitable tax write-offs now. The cash is taking longer than expected to get to non-profits. The post How to rescue your charitable donations ...

Assume the citizen of a municipality donates his art collection to the municipality, not outright but in charitable trust, for display in a public museum. The city council constitutes a six-citizen ...

Iconic footwear brand Dr Martens has insured its defined benefit (DB) pension scheme through a £37.5m buy-in with Pension Insurance Corporation (PIC). Source: Ned Snowman/Shutterstock The transaction ...

Several charitable giving strategic tax opportunities offer taxpayers the opportunity to maximize donations to charity and minimize tax liabilities. Image courtesy Getty Images. The biggest mistake ...