Charities Seek Congress’ Support for Tax Deduction Incentives to Revive Giving A coalition of nonprofits and businesses is urging Congress to address the alarming decline in charitable giving. The Charitable Giving Coalition (CGC) has called for the permanent restoration of
In a landmark case, the Tax Court finds IRS conservation easement rules violated the Administrative Procedure Act. The Tax Court has dealt a significant blow to the IRS’s enforcement of conservation easement regulations. In a March 28 ruling, the court
Maximizing Tax Benefits and Supporting Sustainable Practices The sustainable agriculture and farm-to-table movement is growing, with a focus on eco-friendly farming, organic produce, and direct farm-to-consumer models. Whether you run a small farm, a community-supported agriculture (CSA) program, or a
Unlocking Hidden Savings to Reduce Your Business’s Taxable Income Maximizing tax deductions is essential for businesses to reduce taxable income and improve cash flow. However, many business owners overlook several deductions that could save them significant amounts of money. Here’s
Navigating the Complex Tax Landscape for Nonprofits Nonprofit organizations play a vital role in serving the community and advancing charitable causes. While they are exempt from federal income tax under certain conditions, nonprofits must still adhere to specific tax regulations
Maximizing Your Savings and Reducing Tax Liability for Business Success As a business owner, understanding the various tax deductions available to you can make a significant difference in your bottom line. By taking advantage of these deductions, you can maximize