2017/2018 Year-End Tax Planning Tips

Article Excerpt:

As the year comes to a close for some private foundations, there are a number of tax planning tools and year-end measures that we have compiled to help mitigate any excise tax on net investment income and prevent some common pitfalls that could result in other types of excise taxes.

It is also a good time to review the foundation’s current investment portfolio composition for changes from the prior year. Any new investments made during the current year could potentially require new or increased tax compliance and filings in the coming year.

In this e-newsletter, we will provide some considerations and tools used by foundations when performing such an assessment.