Tax Economics of Charitable Giving is the successor publication to a long-standing title previously authored by one of the nation’s top accounting firms and is now available exclusively from RIA.

Technically complete yet written for the lay person as well as the expert advisor to donors, charitable organizations, and fundraisers, Tax Economics of Charitable Giving is full of the practical guidance you need to take advantage of both present and future tax-saving opportunities.

The title covers numerous charitable giving and planning topics, including:

• Private and community foundations
• Charitable organizations
• Charitable remainder annuity trusts and charitable remainder unitrusts
• Charitable lead trusts
• Pooled income funds
• Substantiation and disclosure requirements
• Special charitable deduction rules for trusts and estates
• Bargain sales to charities
• The transfer tax system
• Planning considerations

Practical guidance provides:

• Numerical examples that reflect the current interest rate environment--which is important to deferred-giving techniques
• Comprehensive discussion of income and transfer tax considerations of outright and deferred charitable gifts
• Detailed discussion of various forms of deferred giving
• Deferred-giving worksheets to assist with planning

The 2008/2009 edition brings Tax Economics of Charitable Giving up-to-date with significant developments that have occurred since September 2008. The 2008/2009 edition covers all pertinent cases, rulings, regulations, and legislation. In addition, the book includes new discussion of the following topics:

• Coverage of all significant tax cases, regulations, and IRS rulings and guidance affecting charitable giving
• Tax implications when a charity returns a donation to the donor
• Use of an IRA to finance charity owned life insurance
• Benefits of using a HEET (Health Education Enhancement Trust) to fund tuition and medical costs for grandchildren
• Qualified disclaimers of an interest in property
• IRS private ruling procedures affecting charitable giving
• Charity oriented “transactions of interest” designated by IRS for special reporting
• How unrelated business taxable income (UBTI) of a charitable remainder trust is taxed
• Type III supporting organization qualification requirements—new IRS guidance