The American Bar Association Section of Real Property, Trust and Estate Law, Charitable Planning and Organizations Group, submitted comments to the Treasury Department and IRS on funds traditionally held by community foundations in relation to prospective regulations concerning the donor-advised funds law...
The sweeping tax evasion indictment brought by federal prosecutors against Hunter Biden in California vindicates the testimony of two IRS whistleblowers while leaving one tantalizing question unanswered: how did the first’s son transfers of funds and profligate spending intersect with Joe Biden, if at...
Example 2.Benson provides services to charity Y as a fundraising manager and is considered a disqualified person. As part of his employment contract, Benson is compensated based on a percentage of the funds he raises. Under regulations to be developed by the Treasury, Benson will likely be subj...