Common Concerns and Solutions for Grantmaking Foundations

Posted June 7th, 2022 & filed under Blog.

Foundations have experienced exponential growth in their philanthropy efforts and grant sophistication over the last 10 years. And while this expansion is exciting, many are discovering it comes with growing pains.

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Beyond Tax Compliance and Consulting: How a CPA Firm Can Help Your Private Foundation

Posted September 9th, 2020 & filed under Blog.

Many private foundations are already familiar with the tax assistance CPA firms can offer them. But the range of services available to private foundations extends far beyond just compiling the 990-PF.

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New Flat Excise Tax Rate on Net Investment Income for Private Foundations

Posted January 7th, 2020 & filed under Blog.

On December 20, 2019, President Trump signed the Further Consolidated Appropriations Act, 2020. The bill will, in effect, create a flat net investment income (NII) excise tax rate of 1.39% for private foundations.

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Excess Business Holdings Relief for Private Foundations

Posted February 12th, 2018 & filed under Blog.

The Bipartisan Budget Act of 2018 passed a significant exception to the Excess Business Holdings rule.  This exception had been included in H.R. 1 of what became the TCJ Act of 2017,

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How Should Tax-Exempt Organizations Prepare for Tax Reform?

Posted December 21st, 2017 & filed under Blog.

On Thursday, December 21, President Trump is expected to sign the new law. Most of the Tax Cuts and Jobs Act’s provisions will take effect on January 1, 2018.

This leads to the next logical question: “Is there anything I need to do before January 1st to take advantage of,

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