For Advisors
Thursday May 2, 2024
At the Initiative Foundation, we have years of experience in collaborating with attorneys, accountants and financial planners. With the help of our staff you can be assured that your clients will fulfill their charitable wishes, meet their financial planning goals, and enjoy the maximum tax advantages.
Here's how we can help:- We work as your partner. You stay in control of your client relationships. We're here to help you provide a full range of services for them.
- We offer maximum federal and state tax benefits as a public charity. We can tailor giving plans to meet each ofyour client's particular needs.
- We have a long standing and vast knowledge of the Central MN nonprofit community. We can help your clients be effective in their giving to the causes they care about.
- We can help your clients explore a variety of giving options. Cash, appreciated stock, and real estate can be gifted during a client's lifetime or as part of an estate.
- We have an outstanding reputation for integrity and service. We are skilled in meeting multiple objectives and solving complex gift plans.
- We offer confidentiality and anonymity for your clients.
Additionally, we have a complete tax update service for CPAs, attorneys, CLUs, CFPs, ChFCs, trust officers and other professional friends. The GiftLaw services are made available to all advisors as a free service. We are available to assist in helping you provide clients with clear and understandable gift illustrations.
Advisor Resources
We have a complete tax update service for CPAs, attorneys, CLUs, CFPs, ChFCs, trust officers and other professional friends. The GiftLaw services are made available to all advisors as a free service. We are available to assist in helping you provide clients with clear and understandable gift illustrations.More |
Washington News
In IR-2024-116, the Internal Revenue Service (IRS) outlined ways that late tax filers could comply with filing and payment rules.
While over 139 million taxpayer returns were filed this year, there are some individuals who may have neglected to file because they were not able to pay their full tax bill.
The IRS encourages these taxpayers to file and start making as many payments as possible. Taxpayers who file and start to make payments can reduce their late-filing penalties and
interest.
The IRS explains that there are five main options for making tax payments.
Direct Pay - Taxpayers may make payments directly from a checking or savings account. There is no cost for this service, and the payments may be...More |
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GiftLaw Pro
GiftLaw Pro is a complete charitable giving and tax information service inside the GiftLaw website...More |
Deduction Calculator
The GiftLaw Calculator is a planned gifts calculator for professionals that follows the IRS format. Click here to access and run charitable deduction calculations for your favorite gift plan...View Presentation |
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Case of the Week
Quentin was the firstborn child in a large family. Throughout his childhood, Quentin's parents worked hard to put food on the table for their children. They
also instilled in Quentin the value of hard...More |
Private Letter Ruling
Organization applied for exempt status under Sec. 501(c)(3). Organization states that it is organized and operated to enlist collegiate student athletes
from a particular university's sports teams to...More |
Article of the Month
Individuals who want to start a business have several options for structuring their enterprise. As individuals explore the various possibilities, they often
weigh factors like tax implications,...More |
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