A SCRUT can increase the donors' cash flow, defer their capital gain taxes, and provide the desired benefit to charity.

There are more than three million Subchapter S corporations in the United States with nearly six million shareholders. These corporations and shareholders can be major sources of charitable gifts, but there are technical tax laws that can turn a mistake in the gift transaction into a severe financial cost to the corporation, its shareholders, and even to a charity that receives a gift. What are these laws? How does a charity evaluate whether the economic and tax benefits from the gift will exceed its costs? When can a CGA be safely issued for a gift of S corporation stock? This article addresses these questions.

Using a charitable lead annuity trust, donors can transfer significant assets to charities and heirs, and in doing so, can "zero out" gift and estate taxes.

In Rev. Rul. 2024-13, the Service announced the Section 7520 rate for July will drop to 5.4%. The average rate for 2023 was 4.88%, while the average for 2024 is 5.22%.