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Updated Form 990 Instructions Protect Identities of Split Interest Trusts
Friday, January 27, 2012
Instructions for Schedule R of the 2011 Form 990 released recently provide an exempt organization may omit certain identifying information when reporting its interest in a split interest trust as a "related organization."
Tax Elements of the President's "Blueprint"
Friday, January 27, 2012
In a document entitled Blueprint for an America Built to Last ("Blueprint") released in connection with his State of the Union address earlier this week, the President added detail to the "five principles for tax reform" he enunciated last year.
Case Study: Sale of Publicly Traded Stock
Thursday, January 26, 2012
Donor funds a Charitable Gift Annuity and a Deferred Charitable Gift Annuity with appreciated stock to secure his current and future income, obtain a current income tax deduction, and make a gift to charity.