Contributing stock to a Flip Unitrust prior to a merger saves donors immediate capital gain taxes, provides an income tax charitable deduction, and increases future retirement income.

In Rev. Proc. 2026-35, the Service announced inflation adjustments for 2027 to various bracket floors, credit, and phase-out thresholds, as well as exclusion and exemption amounts.

This article provides an overview of asset protection planning and its role in estate and charitable gift planning from both the donor's and the charity's perspective. Topics covered include erosion of the traditional protection of charities from creditors' claims; insuring against a charity's liabilities; the use of supporting organizations to protect a charity's assets; potential conversion of a nonprofit corporation to a protected charitable trust; the new "L3C" entity and its probable role.

Paratus Consultants LLC (Paratus) submitted an agenda request (Request) to the Financial Accounting Standards Board, urging reconsideration on whether nonprofits should recognize unconditional promised donor contributions as income before reliable evidence shows the donation will materialize.