Philanthropy

Taxpayers face a 5% penalty if they fail to meet the deadline.

Overall donations to charity organizations fell by 1.7%, while total individual giving decreased by 1.1%, the first drop since 2013.

A higher standard deduction makes itemizing deductions less valuable.

The tax law has made deducting philanthropic contributions more difficult, but there are ways to help clients reap benefits from their generosity.

Changes have left some clients surprised by tax bills or tiny refunds. How to explain what happened and prep them for next year.

Clients can avoid tax liability on their capital gains by donating securities that have appreciated in value, an expert says.

Those who anticipate big benefits for charitable giving may be disappointed. Here’s what their advisors should know.

At first glance, it seems the more they give, the less you have to manage. But providing clients with robust charitable giving strategies can return more than you realize.

The organization of CFP volunteers and other nonprofits are ramping up services and recognition for advisors who do good deeds.

The biggest QCD question is whether it will be effective for a check not cashed by year’s end?

The Trump tax cut may have changed the calculus for some couples filing joint returns.

There has been a robust increase in employers' registration since the program started last year, data shows.

The ultra-wealthy say they want to achieve more, yet currently give only 1.2% of their assets to charity. How can advisors help?

If they’re just writing checks, “that’s coming directly out of their cash flow,” one expert says.

Nonprofits may experience a decline in revenue as more taxpayers are expected to opt for a standard deduction this year.

Advisors take note: DAFs remain the fastest-growing charitable giving vehicle.

From working with children to spreading financial literacy, here’s how advisors are donating their time and money this holiday season.

It may seem counterintuitive, but advisors who offer robust philanthropic guidance see major boons to their bottom line.

With two months left in 2018, clients can still take advantage of these tax hacks.