The New York Times has published a very negative article on donor advised funds (DAFs) in today’s business section. The headline characterizes DAFs as a “philanthropic loophole” that “tech billionaires” use to “hack their taxes.” The article goes on to…

Brian and I may never convince each other of the merits of our respective views about donor advised funds, but I continue to learn a lot from the exchange. Read his latest post before reading this . . . .

Four questions — and some answers—about the high-tech “tax hack” that isn’t

Co-blogger Brian Galle and University of Southern California professor Ed Kleinbard have both posted thoughtful…

The proposed pass-through regulations released today reflect the flaws of the deduction (Section 199A) that it’s implementing: arbitrary rules defining who wins and who loses and with a lot of those big…

Voters in California will get to decide this November whether to extend the State’s landmark Proposition 13, but the…

Pounding SALT?

On the challenges facing Treasury and the IRS in their effort to rein in state charitable credits

As virtually every reader of this blog already knows, Treasury and the IRS proposed regulations on Thursday that…

This weekend the NY Times ran a long story on donor advised funds (“DAFs,” which most people pronounce like the first syllable of Daffy Duck). Since the reporting relied in great measure on quotes and background…