The 2023 Cost-of-Living Adjustment Numbers

The 2023 Cost-of-Living Adjustment Numbers

The IRS recently issued its 2023 cost-of-living adjustments for more than 60 tax provisions. With inflation up significantly this year, many amounts increased considerably over 2022 amounts. As you implement 2022 year-end tax planning strategies, be sure to take these...
What Makes Charitable Donors Give?

What Makes Charitable Donors Give?

People give to charity for many reasons — to “make a difference” or “give back,” to reduce their tax burden and even to impress their peers. These many motivations can be frustrating for nonprofits looking for a magic formula. In the absence of one, you need to keep...