Tax Rules of Making Bequests or Lifetime Gifts
Bequests and Lifetime Gifts are not the same; understanding the tax aspects may help you make a decision that is more advantageous.
Lumsden McCormick is committed to serving the arts and culture organizations that help enrich our Western New York region. Our nonprofit team has served hundreds of nonprofit organizations over the years, including arts and cultural organizations. You can count on us to focus on meeting compliance requirements, minimizing unrelated business income, mitigating risk, and maintaining all Uniform Guidance standards. You’ll find our nonprofit team of certified public accountants accessible and focused on your operations and financial goals.
Our services to arts and cultural nonprofits include:
For more information about our accounting and consulting services for nonprofit organizations, contact Donna Gonser or complete the form below.