Professional Subscriptions
Subscribe to get access to a full suite of professional research tools.
Subscribe Now
|
Daily Expert CommentaryExpert insight on the latest in charitable planning news and events. |
|
Extensive Online LibraryOne of the most comprehensive online libraries available, with personal sorting and storage. |
|
Robust CalculationsAn extensive array of accurate and easy-to-use calculators. |
|
The HandbookThe "how-tos" of charitable planning easily searchable and updated regularly. |
Recent Commentary
NRB v. Bessent - Johnson Amendment Suit Appealed to the 5th Circuit
The National Religious Broadcasters (NRB) and other organizations have appealed to the 5th U.S. Circuit Court of Appeals a lower court's dismissal of their lawsuit challenging the enforcement of the Johnson Amendment (Amendment). The lower federal court effectively dismissed the case due to a lack of subject-matter jurisdiction.
Rate for Charitable Calculations Steady at 5.2%
In Rev. Rul. 2026-13, the Service announced the Section 7520 rate for August will stay at 5.2%. The average rate for 2025 was 4.95%, while the average rate for 2026 is 4.88%.
Treasury Urged to Clarify Section 68 Application
The S Corporation Association (Association) submitted a letter (Letter) to the Department of the Treasury stating that new Section 68 should not apply to the distribution deductions for estates and trusts under Sections 651 and 661, and requesting IRS confirmation.
ACGA Special NY Rate Announcement-
Effective July 1, 2026, the Department of Financial Services, which governs CGAs in NY, has announced its new rate for CGAs will assume a return on investment of 6.50%.