Philanthropy Tax E-Letter http://wealthmanagement.com/blog/147661/feed en Beauty Pageant: Exemption Revoked and Scholarships Taxable http://wealthmanagement.com/blog/beauty-pageant-exemption-revoked-and-scholarships-taxable <div class="node-body blog-body">While beauty may be in the eye of the judges, a beauty pageant’s qualification as an Internal Revenue Code Section 501(c)(3) charity is in the eye of the Internal Revenue Service.</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/beauty-pageant-exemption-revoked-and-scholarships-taxable" target="_blank">read more</a></p> http://wealthmanagement.com/blog/beauty-pageant-exemption-revoked-and-scholarships-taxable#comments Philanthropy Public Philanthropy Tax E-Letter Mon, 25 Aug 2014 14:10:00 +0000 637741 at http://wealthmanagement.com <p><em>Copyright Paula Bronstein, Getty Images</em></p> America Gives More Act of 2014 (H.R. 4719) http://wealthmanagement.com/blog/america-gives-more-act-2014-hr-4719 <div class="node-body blog-body">Conrad Teitell offers a primer on the America Gives More Act of 2014.</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/america-gives-more-act-2014-hr-4719" target="_blank">read more</a></p> http://wealthmanagement.com/blog/america-gives-more-act-2014-hr-4719#comments Philanthropy Public Philanthropy Tax E-Letter Mon, 28 Jul 2014 14:13:00 +0000 615061 at http://wealthmanagement.com <p><em>designaart/iStock/Thinkstock</em></p> Sham and Lack of Economic Substance Doctrines http://wealthmanagement.com/blog/sham-and-lack-economic-substance-doctrines <div class="node-body blog-body">Conrad Teitell discusses the sham and lack of economic substance doctrines and whether they're applicable when determining qualification for a charitable deduction</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/sham-and-lack-economic-substance-doctrines" target="_blank">read more</a></p> http://wealthmanagement.com/blog/sham-and-lack-economic-substance-doctrines#comments Philanthropy Public Philanthropy Tax E-Letter Mon, 30 Jun 2014 13:44:00 +0000 594781 at http://wealthmanagement.com Charitable Gifts of 'Virtual Currency' (Bitcoins) http://wealthmanagement.com/blog/charitable-gifts-virtual-currency-bitcoins <div class="node-body blog-body">Conrad Teitell offers some guidance in a swiftly developing area of the law</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/charitable-gifts-virtual-currency-bitcoins" target="_blank">read more</a></p> http://wealthmanagement.com/blog/charitable-gifts-virtual-currency-bitcoins#comments Technology Philanthropy Public Philanthropy Tax E-Letter Tue, 27 May 2014 13:20:00 +0000 568791 at http://wealthmanagement.com Camp Proposal to Create Seismic Negatives for Charities http://wealthmanagement.com/blog/camp-proposal-create-seismic-negatives-charities <div class="node-body blog-body">Ways and Means Chairman Dave Camp's tax reform plan, presumably DOA, could be resuscitated after the November election.</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/camp-proposal-create-seismic-negatives-charities" target="_blank">read more</a></p> http://wealthmanagement.com/blog/camp-proposal-create-seismic-negatives-charities#comments Philanthropy Public Philanthropy Tax E-Letter Mon, 28 Apr 2014 14:33:00 +0000 546721 at http://wealthmanagement.com The IRS "Won’t Rule" List—Updated http://wealthmanagement.com/blog/irs-won-t-rule-list-updated <div class="node-body blog-body">Every year, the Internal Revenue Service updates the list of topics on which it will: (1) not issue rulings, (2) ordinarily not issue rulings, and (3) not issue rulings because the issue is under extensive study.</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/irs-won-t-rule-list-updated" target="_blank">read more</a></p> http://wealthmanagement.com/blog/irs-won-t-rule-list-updated#comments Philanthropy Public Philanthropy Tax E-Letter Mon, 31 Mar 2014 17:10:00 +0000 525161 at http://wealthmanagement.com Charitable Remainder Trust Early Termination Capital-Gain-Avoidance Plan Quashed http://wealthmanagement.com/blog/charitable-remainder-trust-early-termination-capital-gain-avoidance-plan-quashed <div class="node-body blog-body">Conrad Teitell discusses the implications of the new proposed regulations</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/charitable-remainder-trust-early-termination-capital-gain-avoidance-plan-quashed" target="_blank">read more</a></p> http://wealthmanagement.com/blog/charitable-remainder-trust-early-termination-capital-gain-avoidance-plan-quashed#comments Philanthropy Public Philanthropy Tax E-Letter Mon, 24 Feb 2014 14:34:00 +0000 500751 at http://wealthmanagement.com Final Regulations on 3.8 Percent Medicare Tax CRTs, CGAs, PIFs and CLTs http://wealthmanagement.com/blog/final-regulations-38-percent-medicare-tax-crts-cgas-pifs-and-clts <div class="node-body blog-body">Explained here are the provisions dealing—directly or indirectly—with charitable remainder trusts, charitable gift annuities, pooled income funds and charitable lead trusts. Warning: Rough going!</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/final-regulations-38-percent-medicare-tax-crts-cgas-pifs-and-clts" target="_blank">read more</a></p> http://wealthmanagement.com/blog/final-regulations-38-percent-medicare-tax-crts-cgas-pifs-and-clts#comments Commentary Philanthropy Public Philanthropy Tax E-Letter Mon, 27 Jan 2014 14:50:00 +0000 480821 at http://wealthmanagement.com Substantiating Charitable Gifts - Specimen Letter to Client - Donors http://wealthmanagement.com/blog/substantiating-charitable-gifts-specimen-letter-client-donors <div class="node-body blog-body">Conrad Teitell offers a sample letter for use with your clients who need to substantiate their chartable gifts.</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/substantiating-charitable-gifts-specimen-letter-client-donors" target="_blank">read more</a></p> http://wealthmanagement.com/blog/substantiating-charitable-gifts-specimen-letter-client-donors#comments Commentary Philanthropy Public Philanthropy Tax E-Letter Thu, 26 Dec 2013 14:00:00 +0000 460861 at http://wealthmanagement.com Conservation Easements: A Gravy Train Named "Expire?" http://wealthmanagement.com/blog/conservation-easements-gravy-train-named-expire <div class="node-body blog-body">Conrad Teitell outlines how, even though the conservation easement "gravy train" is set to expire, the higher AGI ceilings and longer carryovers for pre-2014 gifts could carry on</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/conservation-easements-gravy-train-named-expire" target="_blank">read more</a></p> http://wealthmanagement.com/blog/conservation-easements-gravy-train-named-expire#comments Commentary Philanthropy Public Philanthropy Tax E-Letter Mon, 25 Nov 2013 13:05:00 +0000 439691 at http://wealthmanagement.com Tax-Free IRA Distributions to Charity http://wealthmanagement.com/blog/tax-free-ira-distributions-charity <div class="node-body blog-body">Conrad Teitell discusses the finer points of tax-free IRA distributions to charity and why donors should act quickly</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/tax-free-ira-distributions-charity" target="_blank">read more</a></p> http://wealthmanagement.com/blog/tax-free-ira-distributions-charity#comments Philanthropy Public Philanthropy Tax E-Letter Mon, 28 Oct 2013 13:28:00 +0000 418891 at http://wealthmanagement.com Same-Sex Marriage: Getting Tax Benefits for Pre-2013 Charitable Gifts http://wealthmanagement.com/blog/same-sex-marriage-getting-tax-benefits-pre-2013-charitable-gifts <div class="node-body blog-body">Conrad Teitell offers some guidance on how to advise your philanthropically minded same-sex couple clients.</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/same-sex-marriage-getting-tax-benefits-pre-2013-charitable-gifts" target="_blank">read more</a></p> http://wealthmanagement.com/blog/same-sex-marriage-getting-tax-benefits-pre-2013-charitable-gifts#comments Commentary Philanthropy Public Philanthropy Tax E-Letter Mon, 30 Sep 2013 13:42:00 +0000 374382 at http://wealthmanagement.com Charitable Gifts of Artworks Part 2 http://wealthmanagement.com/blog/charitable-gifts-artworks-part-2 <div class="node-body blog-body">Conrad Teitell concludes his exhaustive guide to making gifts of artwork and includes a sample letter.</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/charitable-gifts-artworks-part-2" target="_blank">read more</a></p> http://wealthmanagement.com/blog/charitable-gifts-artworks-part-2#comments Philanthropy Public Philanthropy Tax E-Letter Mon, 26 Aug 2013 13:24:00 +0000 347202 at http://wealthmanagement.com Charitable Gifts of Artworks Part 1 http://wealthmanagement.com/blog/charitable-gifts-artworks-part-1 <div class="node-body blog-body">Conrad Teitell offers a comprehensive guide to gifting artworks.</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/charitable-gifts-artworks-part-1" target="_blank">read more</a></p> http://wealthmanagement.com/blog/charitable-gifts-artworks-part-1#comments Commentary Philanthropy Public Philanthropy Tax E-Letter Mon, 29 Jul 2013 13:30:00 +0000 332442 at http://wealthmanagement.com Charitable Lead Trust - Gift and Estate Tax Consequences http://wealthmanagement.com/blog/charitable-lead-trust-gift-and-estate-tax-consequences <div class="node-body blog-body">Conrad Teitell explains why it's currently a great time to consider a charitable lead trust.</div> <div class="og_rss_groups"><ul class="links"><li class="og_links first last"><a href="/blog/philanthropy-tax-e-letter">Philanthropy Tax E-Letter</a></li> </ul></div><p><a href="http://wealthmanagement.com/blog/charitable-lead-trust-gift-and-estate-tax-consequences" target="_blank">read more</a></p> http://wealthmanagement.com/blog/charitable-lead-trust-gift-and-estate-tax-consequences#comments Philanthropy Public Philanthropy Tax E-Letter Mon, 24 Jun 2013 13:38:00 +0000 312402 at http://wealthmanagement.com