Legal expert and The Fund Raising School faculty member Phil Purcell recently sat down with Bill Stanczykiewicz to talk taxes. With tax season upon us, it’s important to make sure fundraising professionals and donors are aware of particular aspects of federal tax policy. You can listen and subscribe to the podcast or read the full… Read more »
July 15 is the revised Tax Day in the U.S. While Tax Day was originally scheduled for April 15, the U.S. government and multiple states changed the day some state and all federal taxes were due as a result of the COVID-19 pandemic. How is giving affected by taxes? What role does the economy play… Read more »
By Suzanne Garment and Leslie Lenkowsky California, that cradle of legislative creativity, has become the first state to take concrete steps to help people avoid the new limit on federal deductions for state and local taxes. The state’s Senate has overwhelmingly passed a bill to let Californians pay 85 percent of their state taxes into… Read more »