Month: July 2021

Charitable donors can get larger amortizations with funds in the retirement account

RyanJLane | E + | Getty Images The pandemic has triggered charitable giving among wealthy families, and some who are keen to give more may get a larger write-off in 2021 by leveraging money from pre-tax retirement accounts. Here’s how…

SCOTUS decides California must stop collecting information on major charitable donors

The Supreme Court ruled Thursday that California cannot collect the names and addresses of major charity donors, the Associated Press reported. In a 6-3 vote, the court sided with two nonprofit groups, one linked to billionaire Charles Koch, which argued…