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Your Year-End Charitable Deduction Cheatsheet

With Black Friday, Cyber Monday and Giving Tuesday now behind us, we are once again in the midst of the year-end giving season. But unlike the uncertain date beyond which one should no longer wish others a happy new year, the...more

IRS Provides Long-Awaited Formal Guidance on 501(c)(3) LLCs

Since their rise to prominence in the 1990s, limited liability companies (LLCs) have become one of the most valuable tools in the corporate lawyer’s toolkit. Amongst all of the possible corporate forms to choose from, LLCs...more

IRS Dirty Dozen Includes Tax Scam Targeting Charitable Giving

In most years, the IRS’s annual “Dirty Dozen” list of trending tax scams is not required reading for nonprofits. However, as with everything else, this year has proven to be an exception to the rule1: the 2020 Dirty Dozen...more

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