The popularity of donor-advised funds (DAFs) has surged in recent years, and DAFs increasingly are considered vital to the success of not-for-profit organizations. If you haven’t already, you should learn about how DAFs work so that you can position your nonprofit to benefit from these charitable-giving vehicles. How DAFs are Managed Generally, DAF accounts are…
According to the American Bar Association (ABA) Gender-based wage discrimination remains a pernicious problem in the workplace despite enactment over 50 years ago of the Equal Pay Act (EPA), which made it illegal for employers to pay unequal wages to men and women in the same workplace who perform substantially equal work. Common explanations for…
The Tax Cuts and Jobs Act (TCJA) has had a dampening effect on charitable contributions, especially from low-to-moderate income donors. Under the TCJA, it’s more advantageous for many taxpayers to take the standard deduction than itemizing deductions as they might have in the past. Claiming the standard deduction means they receive no tax benefit for…