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June Nonprofit Spotlight: Breakthrough of Greater Philadelphia

June Nonprofit Spotlight Breakthrough of Greater Philadelphia Breakthrough of Greater Philadelphia has been selected for June's Nonprofit Spotlight! Who They Are: Striving to reach educational equity and diversity—this is the mission at Breakthrough of

Reminder to all Tax-Exempt Organizations

Below is a helpful reminder from the IRS regarding the upcoming 990 filing deadlines along with some useful information and tools. Please reach out to us at FPL with any questions! Reminder to tax-exempt organizations:

Donor Denied Charitable Deduction for Gift to DAF

Introduction On March 15, 2023, the Tax Court decided an anticipatory assignment of income case and disallowed a charitable deduction for a gift of stock to a donor-advised fund.  Estate of Scott M. Hoensheid et

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