Your current location:HOME >sport >The $230 billion donor 正文
TIME:2024-05-09 10:10:47 Source: Internet compilationEdit:sport
WASHINGTON (AP) — Congress and the Biden administration are considering what, if anything, should be
WASHINGTON (AP) — Congress and the Biden administration are considering what, if anything, should be done to tighten restrictions on donor-advised funds, an increasingly popular way for donors to set aside money to spend on charitable causes.
Driving the debates are questions about whether the country’s ultrawealthy are abusing the immediate tax deductions they receive from tucking money into DAFs, where the dollars can sit indefinitely or, more often, until donors decide which nonprofits to support. Many in the nonprofit world have opposed that characterization, arguing the accounts allow for an easy, no-frills style of giving that appeals to both wealthy and average American donors.
This week, the Internal Revenue Service held a public hearing to discuss its plan to regulate DAFs. The proposals include: altering the definition of what constitutes a donor-advised fund so that it applies to a broader swath of accounts; expanding the definition of donor advisers to include personal investment advisers who help manage assets in DAFs; and imposing new penalties on those who abuse the funds. If approved, the IRS would impose a 20% excise tax on donations that provide significant benefit to the donor, among other changes.
Biden says US won't supply weapons for Israel to attack Rafah2024-05-09 09:59
NBC will stick with dual announcers and analysts for the US Open2024-05-09 09:16
They shared a name — but not a future. How two kids fought to escape poverty in Baltimore2024-05-09 09:12
Spain's Prado Museum confirms rediscovery of lost Caravaggio. Painting will be unveiled May 272024-05-09 09:11
Chinese leader Xi Jinping set to meet Serbian officials on the second leg of his Europe tour2024-05-09 08:26
Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle2024-05-09 08:05
Defending national champion LSU boosts its postseason hopes with series win against Texas A&M2024-05-09 07:47
Stars and DeBoer moving on after ousting Cup champ Vegas in tight 72024-05-09 07:37
A cargo plane make an emergency landing at Istanbul Airport after front landing gear fails2024-05-09 07:37
Turkey says it has carried out new airstrikes against Kurdish militants in northern Iraq2024-05-09 07:34
BetterHelp customers begin receiving refund notices from $7.8M data privacy settlement, FTC says2024-05-09 09:58
More than 40 workers trapped after a building under construction collapsed in South Africa2024-05-09 09:40
Money isn't enough to smooth the path for Republican candidates hoping to retake the Senate2024-05-09 09:19
Skye Wheatley hosts reunion with her I'm A Celebrity co2024-05-09 09:01
Poland detains and questions Russian man who illegally crossed from Belarus2024-05-09 08:26
Call it Cognac diplomacy. France offered China’s Xi a special drink, in a wink at their trade spat2024-05-09 08:19
Money isn't enough to smooth the path for Republican candidates hoping to retake the Senate2024-05-09 08:08
REVEALED: Michelin Guide names its first2024-05-09 08:01
US's largest public utility ignores warnings in moving forward with new natural gas plant2024-05-09 07:47
FBI says an infant abducted from New Mexico park has been found safe; a suspect is in custody2024-05-09 07:45