Jun 21, 2018
By Giving USA, 6/12/18 - Americans achieved a philanthropic landmark in 2017: for the first time total charitable giving surpassed $400 billion in a single year. A booming stock market and a generally…
Aug 01, 2022
In Fall 2021, the National Council of Nonprofits surveyed the sector to better understand how workforce shortages were impacting nonprofits and their abilities to carry out their missions. This July, an…
Aug 02, 2017
During the summer, some taxpayers may travel because of their involvement with a qualified charity. These traveling taxpayers may be able to lower their taxes.
Dec 01, 2020
Today is Giving Tuesday!
May 04, 2021
Davis & Hodgdon and Copper Leaf Financial has found some unique ways to keep our staff excited throughout the duration of our busy tax season with our firm-wide FUN initiative!
Sep 28, 2021
The Taxpayer Certainty and Disaster Tax Relief Act of 2020, enacted last December, provides several provisions to help individuals and businesses who give to charity. The new law generally extends through the end of 2021 four temporary tax changes originally enacted by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. Here is a rundown of these changes.
Copper Leaf Financial’s Guide to Charitable Giving and New Fillable Worksheet are Now Available Online
Oct 27, 2021
Copper Leaf Financial, our affiliated and separately registered financial planning firm has published a workbook “Guide to Creating Your Charitable Giving Statement” which was created to act as a guide for their clients. The guide is used to assist them with organizing their charitable giving efforts and creating a plan for the future – a plan that includes intentional giving and consideration of strategies that are tax advantageous. Many of our clients are passionate and deeply generous donors, however most had taken a disorganized approach to their charitable giving efforts.
Mar 23, 2022
The humanitarian crisis in Ukraine is heart-wrenching and complex. In many respects, it’s similar to a natural disaster but it also poses distinct challenges that require both immediate and long-term support. Philanthropists, especially those with private foundations, are able to help in more agile and flexible ways that others cannot. Not only can they respond rapidly when a crisis occurs, they can also take a longer view to understand the full scope of the problem(s), pinpoint where they can make the greatest impact, and determine how to allocate their resources most effectively to boost established relief efforts and/or spawn new ones.
Sep 07, 2022
Michael L. Thompson, CAP®, AIF®, AEP®, is a Senior Wealth Advisor with our affiliated wealth planning firm *Copper Leaf Financial. He has published a new article about charitable trusts – a smart tool…