Donors with ownership interests in privately held companies (i.e., limited liability companies, corporations, partnerships) have the ability to utilize the interest to make a charitable gift. This strategy becomes...more
8/11/2023
/ 501(c)(3) ,
Capital Gains Tax ,
Charitable Donations ,
Donors ,
Gifts ,
Income Taxes ,
Ownership Interest ,
Privately Held Corporations ,
Public Charities ,
Tax Deductions ,
Tax Planning ,
Tax Returns
In 2021, as part of the Anti-Money Laundering Act of 2020, Congress enacted the Corporate Transparency Act in an effort to prevent and combat illicit activities such as money laundering, terrorist financing, corruption, and...more