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Charitable Donations News
Charity Board Members Inspect New Tax Forms
Thursday May 7, 2009
Want to know what's happening to the money that you donate? Now charitable organizations will have to include more information on Form 990 financial reports documenting their meetings and governance. This move should provide some much needed sunlight in the world of non-profits.
What You Need to Know About Donating a Car
Sunday May 3, 2009
Tom Herman takes a look at the tax credits involved with donating a car and how the deduction is not that appealing these days.
Charities Shift Assets to Donor Funds
Wednesday Apr 22, 2009
Donor-advised funds are the philanthropy of the future, besting private foundations by offering immediate tax deductions and more independent asset allocation.
Leaving Work Early Without Pay
Wednesday Apr 22, 2009
Sue Shellenbarger answers readers' questions about being forced to leave work early, community service programs and pre-school.
Charities are adapting new stratetegies to cope in tough times
Thursday Apr 9, 2009
In a tight economy, not-for-profit enterprises are dealing with large decreases in donations. Here's a look at how some charities are handling things during the recession.
Nonprofits Increase 'Gift Tax' On Donors
Tuesday Apr 7, 2009
As endowments and donations wither, charities are forced to implement gift tax in order that a certain percentage of donations are allocated to fundraising costs.
The Laid-Off Do Well Doing Good
Tuesday Mar 17, 2009
Laid-off workers are looking to volunteer jobs to gain career experience as well as doing good for nonprofits by offering their skills and expertise for the organization.
Concerns Rise on Proposed Obama Tax Changes
Tuesday Mar 3, 2009
Barack Obama's budget proposal could make charitable giving more difficult - leaving charities, donors and nonprofit organizations concerned amid already troubled economic times.
Tax Quandaries, Untangled
Sunday Mar 1, 2009
Tom Herman answers readers' questions about donating to charities tax free and rolling over up to $100,000 tax-deductible from an IRA to a qualified charity.
IRS Questions Pay of Charity Executives
Wednesday Feb 18, 2009
The compensation scutiny has moved from Wall Street executives to nonprofit executives, as the IRS has selected several hospitals to review due to relatively high pay. Some nonprofits could have their organization's tax-exempt status revoked.
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