Social Media Ideas for Charitable Trust Tax Exemption

Belated Form 10B Cannot Defeat Charitable Exemption Under Section 11

Belated Form 10B Cannot Defeat Charitable Exemption Under Section 11     ITAT Holds That Audit Report Filing Is Procedural When the Report Is Furnished Before Processing of the Ret...

Creating a Lifetime Stretch Through a Charitable Remainder Unitrust

It could provide a meaningful tax benefit

Bombay HC Rules Charitable Hospital Cannot Lose Income Tax Exemption for Charging Fees & Earning Surplus

The Bombay High Court has held that a hospital cannot be denied income tax exemption under philanthropic grounds simply for generating an operational surplus, charging patient fees...

CIT(E) Must Specify the Exact “Specified Violation” Before Cancelling Trust Registration: ITAT Mumbai

CIT(E) Must Specify the Exact “Specified Violation” Before Cancelling Trust Registration: ITAT Mumbai     Vague allegations cannot justify cancellation of charitable trust registra...

Section 4958 Excise Tax Exposure and Automatic Excess Benefits: Analyzing Jagannath v. Commissioner

Jagannath v. Commissioner, T.C. Memo. 2026-92 (Sept. 24, 2026) In Jagannath v. Commissioner, T.C. Memo. 2026-92 (Filed September 24, 2026), the United States Tax Court address...

U.S. Tax Court Upholds Excise Tax Liability for Excess Benefit Transaction

5 Tax-Efficient Ways to Pass on Wealth in India: A Framework

Gifts to specified relatives are fully tax-free under Section 56(2)(vii). Here are 5 methods – from nomination to private trust – ranked by simplicity and when each one fits.

Anonymous Donations Cannot Be Treated as Unexplained Cash Credits Merely Because Donor Identity Is Unknown: ITAT

Anonymous Donations Cannot Be Treated as Unexplained Cash Credits Merely Because Donor Identity Is Unknown: ITAT   Vishakhapatnam ITAT holds that where a Section 12A trust treats a...

Options to Reform the Tax Treatment of Exempt Hospitals

Nearly half of all hospitals are exempt from paying US corporate income taxes. As healthcare spending rises, lawmakers have questioned whether hospitals are providing as much in co...

The Exclusivity of Special Treaty Provisions for Pooled Investments: Analyzing the Court of Federal Claims Decision in S...

The South Saskatchewan Community Foundation Inc. v. United States, No. 24-1391T (Fed. Cl. Aug. 25, 2026) For tax professionals advising cross-border tax-exempt organizations,...

If you give to charity from your IRA, don’t ignore this new box on your tax form

You made a qualified charitable distribution from your IRA sometime this year. Maybe it went to your church, maybe your old university, maybe the food bank down the street. You kno...

Tax 'traps' and capital gains strategies for in-kind charitable donations

While donating stock is a clear win for clients to avoid capital gains taxes, gifts of property require a qualified appraisal to get a deduction.

Schools with racial preferences could lose tax exemption

The Dallas Express reports a significant development involving the federal Treasury Department and IRS. The U.S. Treasury Department and Internal Revenue Service proposed new regul...

Treasury targets tax exemptions for schools over racial policies

The Treasury Department escalated an effort to strip schools of their tax-exempt status if they consider race in admissions, scholarships or other areas.

Commuting the Income Interest of Charitable Trusts

The growth in equity markets makes this a compelling option

Charitable Gift Annuities

A multipurpose option for philanthropic clients

Tax Court Upholds Steep Penalties on Charity Insiders Who Diverted Funds

IRS Issues Proposed Regs on Charitable Reporting Requirements

The scope of IRC Section 6034 is narrowed under certain circumstances.

Resident Indians, FIIs to get income tax exemption on NDB’s Maharaja Bonds

The notifications cover rupee-denominated bonds issued by the multilateral lender and tax relief procedures for eligible overseas investors in government securities

Charitable Giving in Retirement

Where Congress might go next

Trusts & Estates: October 2026 Digital Edition

Special Report: Charitable Giving

Trump Administration Seeks End to Tax-Exempt Status for Private Schools Offering Race-Based Support to Students

IRS Grants Filing Extension to Opt Out of GST Tax Allocation

The taxpayer acted in good faith and reasonably relied on advisors.

How Fiscal Sponsorship Can Streamline Philanthropic Giving

By operating under an established nonprofit’s tax-exempt umbrella, charitable initiatives can accelerate fundraising, reduce administrative hurdles and focus on advancing their mis...