The ruling hinges on the corporation and trust being treated as a single entity and meeting other requirements under Regs.

The charitable donation tax deduction lets you write off qualified gifts to nonprofit organizations, but there are rules to ...

Nonprofit executives and accountants are pressuring the Internal Revenue Service to slow down its efforts to overhaul the Form 990 informational tax form to make sure the revised form does not place ...

Donating to charity is a great way to show your giving spirit and can help save money at the same time if you follow key ...

Starting in 2026, new rules will affect charitable deductions for non-itemizers and Roth catch-up contributions for high ...

The Internal Revenue Service plans to contact hundreds of charities this summer to ask them to justify the salaries they pay executives and board members, according to Steven T. Miller, commissioner ...

Fraternal organizations are social groups with shared interests, providing networking and benefits. Explore their structure ...

The Internal Revenue Service has begun contacting nearly 2,000 charities and foundations as it officially kicks off an effort to crack down on groups that are providing excessive pay or benefits to ...

Recently reported changes within the IRS’ Criminal Investigation Division (IRS-CI) may result in investigations into the activities of tax-exempt organizations. These investigations are expected to ...

The Internal Revenue Service has declared illegal a tax scheme under which charities and other tax-exempt groups helped companies avoid taxes through fraudulent charitable donations. At the same time, ...

DAFgiving360 reported donors gave a record $9.9 billion to charities in 2025, up 28% from the prior year.