DESIGNED FOR
Accounting and finance professionals who need to know the latest on charitable giving strategies, tax implications, and estate planning considerations
BENEFITS
- Define charitable gifting and explain its tax advantages for individual taxpayers
- Identify the types of organizations that qualify for tax-deductible charitable contributions
- Understand the income and estate tax treatment of charitable gifts, including deduction limits and carryforward provisions
- Differentiate between various charitable gifting strategies, including direct donations, donor-advised funds, charitable remainder trusts, and qualified charitable distributions
- Analyze the impact of state tax credits and federal tax deductions on charitable giving decisions
- Explain the documentation and substantiation requirements necessary to support charitable contribution deductions
- Develop tax-efficient charitable gifting plans that align with client goals and regulatory compliance requirements
HIGHLIGHTS
- Fundamentals of charitable gifting
- Income and estate tax considerations for charitable giving
- Charitable deduction rules and limitations
- Structuring charitable contributions for maximum tax efficiency
- Advanced charitable gifting techniques
- Compliance and documentation requirements
ADVANCE PREPARATION
None