McGuireWoods LLP | USA | 15 May 2023
Despite uncertain conditions, a recent survey shows that approximately three out of four donors maintained their level of charitable giving in 2022…
McGuireWoods LLP | USA | 10 Nov 2022
As the end of 2022 approaches, many individuals, families and businesses consider making donations to their favorite charities. In light of recent…
McGuireWoods LLP | USA | 17 Aug 2021
As charitable organizations continue to navigate fundraising strategies during a pandemic, lawmakers consider proposals that, if enacted, would have…
McGuireWoods LLP | USA | 11 Feb 2021
As the pandemic continues to hinder nonprofits’ ability to fundraise effectively and connect with supportive donors, a charitable lead annuity trust…
McGuireWoods LLP | USA | 31 Mar 2020
Charitable organizations, like many for-profit businesses, are facing significant hardships due to the COVID-19 pandemic. Recognizing that…
McGuireWoods LLP | USA | 17 Dec 2018
As donors and their advisors rush to close year-end charitable gifts, it is easy to overlook the very precise requirements for income tax…
McGuireWoods LLP | USA | 30 May 2018
Public Law No. 115-97, enacted Dec. 22, 2017, and informally known as the 2017 Tax Cuts and Jobs Act (the “2017 Tax Act”), contains several provisions…
McGuireWoods LLP | USA | 6 Dec 2017
The U.S. Senate produced its version of the Tax Cuts and Jobs Act early on the morning of Dec. 2, 2017. Most of its terms closely track the Chairman's…