A large charitable deduction in the year of contribution to a grantor CLAT helps reduce grantor's income taxes.

This article identifies and analyzes the philanthropic issues unique to the woman Baby Boomer millionaire. Research data includes their financial, educational and philosophical experience and concerns. The article addresses communication skills that are successful with women Baby Boomer millionaires, as well as specific marketing and communication techniques and strategies that “bond” millionaire women Baby Boomers to an organization.

In Americans for Prosperity Foundation v. Becerra ("AFPF II"), a 3-judge panel with the Ninth Circuit ("Court") vacated the district court's permanent injunctions, reversed the bench trial judgments (see our previous commentary), and remanded for entry of judgment in favor of the California Attorney General ("AG"). The decision pertains to two cases, combined for this litigation, challenging California's mandatory charitable registration and disclosure requirement.

In Rev. Rul. 2018-27, the Service announced the Section 7520 rate for October will remain at 3.4%, for the fifth month in a row. At 3.4%, the rate remains the highest since May 2010.