SOP2103. Navigating the Charitable Transfer of a Business Interest

A charitable gift of an interest in a closely held business requires careful planning.  This session will discuss the various tax and valuation issues that arise, including timing, substantiation, and reporting.  In addition, this session will address how the charitable transfer is affected by the both the type of charity (i.e., Public Charity, DAF, Private Foundation) and type of business (i.e., C corporation, S corporation, Partnership).

Learning Objectives:

• Discuss various tax and valuation issues, including timing, substantiation, and reporting.
• Considerations for different types of charities (i.e., Public Charity, DAF, Private Foundation).
• Considerations for different types of businesses (i.e., C corporation, S corporation, Partnership).