Myer Myers (1723-1795) was an acclaimed New York City silversmith. Some 380 of his magnificent works “survive in museums and private collections.” He is an important figure, too, in the history of American Jews of the Colonial period. Of Sephardic origin, Myers was a member of...
When you file your personal income tax return each April 15th, you're entitled to secrecy about it unless you choose to show it to another person, submit it to a bank, or send it out to the general public with a flashy press release. For...
Back in November 2016, we issued a warning in Nonprofits and Cybersecurity: Make it a Priority: "Hacking is big news these days." There is a false belief that cyber threats are aimed at major businesses, governments, news organizations and other political targets. The reality is sobering: The...
Since the first days of January 2017, the party in control of both the White House and Congress has promised a major overhaul of the federal tax code. Until the first week of November 2017, when the House GOP leadership unveiled the “Tax Cuts and...
A comprehensive estate plan should address all of your assets. For most people, an estate plan must include three common categories: (1) your home; (2) financial accounts, like your checking and savings account; and (3) personal property. Other types of assets - such as life...
The year 2017 will not go down in the record books as a quiet or uneventful one, and while everyone's attention seems to be on the newly proposed tax plans released by the House and the Senate, nonprofits need to remember the taxing requirements currently...
Recently, in Controversial Decision for Berkshire Museum (10/11/17), we reported on an uproar last summer in the art world. The trustees of this 100-year-old institution in Pittsfield, Massachusetts, had announced a decision to sell some 40 valuable and cherished works of art at a Sotheby’s auction...
Social enterprises are hot: They are springing up around the United States. California has been in the forefront of this exciting new movement of hybrid corporations that combine profit motive with the goal of good works, community consciousness, and sustainability. A benefit corporation organized under California...