December 2019

As another Christmas season has passed, local aid organizations are beginning to prepare for one of their most challenging times of the year. Organizations say they are seeing a significant drop in the number of volunteers coming to help after the holidays and a drop in the number of donationsRead More →

Proposed regulations released by the IRS on Friday provide guidance on the treatment of payments made to charitable organizations in exchange for consideration, including in exchange for state and local tax credits (REG-107431-19). The regulations incorporate two previous pieces of IRS guidance, Rev. proc. 2019-12 and Notice 2019-12, as wellRead More →