The Tax Law of Charitable Giving [Paperback]

Bruce R. Hopkins (Author)

Book Description

Charitable giving involves a complex set of rules and regulations with high monetary stakes. This book provides comprehensive information on the laws, definitions, and forms of various charitable gifts, ranging from art to real estate and beyond.

This book is supplemented annually.

--This text refers to an out of print or unavailable edition of this title.

Editorial Reviews

From the Publisher

Examines the highly complex set of rules and regulations which govern charitable giving. Beginning with an introductory overview, it provides comprehensive information on the laws, definitions and forms of various charitable gifts, ranging from art to real estate and beyond. Includes information on the most current tax laws and explains the fundamentals of establishing and maintaining a giving program. Additional topics include limitations on charitable giving; estate and tax considerations; special gift situations; gifts to charitable remainder and lead trusts; gifts to pooled income funds; charitable gift annuities; gifts using life insurance; administration of charitable giving; disclosure rules; special events and fund-raising regulations. Subscribers to receive annual supplements. --This text refers to an out of print or unavailable edition of this title.

From the Back Cover

The Tax Law of Charitable Giving, Third Edition is completely revised, revamped, and updated. Written in plain English, it can help lawyers, managers, and development directors in tax-exempt organizations make sure they are up to date on all current regulations pertaining to charitable gifts, and that they are well prepared to make decisions about their organization’s fund-development program.

Written by the country’s leading legal authority on tax-exempt organizations and charitable giving, this Third Edition features coverage of:

• New rules concerning charitable contributions of used vehicles and intellectual property
• New rules addressing the concepts of income and principal
• New characterization and ordering rules applicable to charitable remainder trusts
• Applying the public policy doctrine to the availability of the charitable deduction
• The impact of the tax cut legislation on the charitable giving rules

The Tax Law of Charitable Giving, Third Edition is a go-to resource for nonprofit lawyers, nonprofit accountants, fundraising professionals, nonprofit executives, directors and managers, nonprofit consultants, financial planners, insurance companies, and corporate and (big) individual donors.

--This text refers to an out of print or unavailable edition of this title.

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Product Details

• Paperback: 208 pages
• Publisher: John Wiley & Sons Inc; Revised edition
• Language: English
• ISBN-10: 0471679771
• ISBN-13: 978-0471679776
• Average Customer Review: 5.0 out of 5 stars  See all reviews (2 customer reviews)

More About the Author

Bruce R. Hopkins is a lawyer who divides his time between the writing of books and his monthly newsletter, and the practice of law.

He is a senior partner in the law firm of Polsinelli Shughart PC, practicing in the firm's Kansas City, Missouri, and Washington, D.C., offices. He specializes in the representation of nonprofit, tax-exempt organizations. His practice ranges over the entirety of law matters involving exempt organizations, with emphasis on the formation of nonprofit organizations, acquisition of recognition of tax-exempt status for them, governance and the law, the private inurement and private benefit doctrines, the intermediate sanctions rules, legislative and political campaign activities issues, public charity and private foundation rules, unrelated business planning, use of exempt and for-profit subsidiaries, joint venture planning, tax shelter involvement, review of annual information returns, Internet communications developments, the law of charitable giving (including planned giving), and fundraising law issues.

Mr. Hopkins is the series editor of John Wiley & Sons' Nonprofit Law, Finance, and Management Series. He is the author (or, in some instances, co-author) of 26 books that are currently on the market. His first book, The Law of Tax-Exempt Organizations, was first published in 1975. His most recent book, Fundraising Law Made Easy, was published in 2009. He writes a monthly newsletter, Bruce R. Hopkins' Nonprofit Counsel. All of these publications are published by John Wiley & Sons.

He received the 2007 Outstanding Nonprofit Lawyer Award (Vanguard Lifetime Achievement Award) from the American Bar Association, Section of Business Law, Committee on Nonprofit Organizations. He is listed in "The Best Lawyers in America," Nonprofit Organizations/Charities Law, 2007-2010.

He participates in many conferences and seminars, including those sponsored by Georgetown University Law Center, the University of Texas, PESI, AICPA, Salk Institute, and Loyola University (Los Angeles).

He maintains the Nonprofit Law Center, accessible at www.nonprofitlawcenter.com.

He earned his J.D. and LL.M. degrees at the George Washington University National Law Center, and his B.A. at the University of Michigan.

He is a member of the bars of the District of Columbia and the state of Missouri.

Customer Reviews

Most Helpful Customer Reviews

3 of 3 people found the following review helpful:

5.0 out of 5 stars Very Useful Resource for Nonprofit Managers, September 8, 2006

By 

James D. DeWitt "Alaska Fan" (Fairbanks, AK United States) - See all my reviews
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This review is from: The Tax Law of Charitable Giving (Wiley Nonprofit Law, Finance and Management Series) (Hardcover)

Bruce Hopkins has made an industry out of advising charitable organizations on tax laws an other government regulation that affect them. This book was spun out of a much earlier edition of Hopkins' better known "The Law of Tax Exempt Organizations" (now in its 8th Edition) and focuses on the rules for donors who give and charities who receive charitable donations.

This is a technical book, aimed at larger charitable organizations and professionals - attorneys and CPAs, in particular - who advise large and small charities. While a secondary reference, it does an excellent job of explaining and directing you to applicable laws, regulations and IRS rulings. It's not a book you are likely to sit down and read cover to cover. But it is a reference that nonprofit professionals and their advisors are likely find extremely useful.

Caution: The book has not yet been supplemented for the August 2006 changes imposed by the Pension Reform Act of 2006, but otherwise it is current, thorough and authoritative. I am sure that Hopkins and Wiley will have an update out soon.

Highly recommended.

1 of 1 people found the following review helpful:

5.0 out of 5 stars Clear, concise answers, August 14, 2007

By 

K. Fisher (Austin, TX) - See all my reviews
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This review is from: The Tax Law of Charitable Giving (Wiley Nonprofit Law, Finance and Management Series) (Hardcover)

I rely heavily on this book in my job and I really appreciate the clear language because I am not a CPA or lawyer.