Publications
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12.06.2023Treasury Releases First Installment of Long-Awaited Guidance on Donor-Advised FundsUpdatesOver the past several years, the U.S. Department of the Treasury has been preparing guidance concerning donor-advised funds, which are accounts owned and controlled by public charities over which individual or corporate donors may exercise advisory privileges. In November, Treasury finally released the first of four pieces of guidance that it has told practitioners to expect.