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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> Charitable contributions

Avoiding IRS crosshairs

Posted by RJ and Makay on Mar 27, 2012

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IRSAs the deadline for taxes approaches, taxpayers should be mindful of easy steps to avoid triggering a possible IRS audit.  While high earners and workers that receive a lot of their income in cash are more susceptible to closer IRS scrutiny, there are several ways that all workers can avoid triggering a tax audit.

Charitable contributions still feeling the effects of the Great Recession

Posted by RJ and Makay on Dec 08, 2010

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Even whenCharitable contributions still feeling the Great Recession ended in June 2009, average charitable giving continued to drop. In 2009, giving dropped to $54,016, down 34.9% from giving in 2007, according to the 2010 Study of High Net Worth Philanthropy from Bank of America Merrill Lynch and the Center on Philanthropy at Indiana University, released in November this year. The study sampled 801 households in May and June of 2010.

Findings uncovered by the study included: