Donor-Advised Funds - 0.2 CPE

Donor-advised funds (DAFs) have become one of the most popular charitable planning vehicles because they allow taxpayers to separate the timing of a charitable deduction from the timing of charitable distributions. While they offer significant tax advantages, they also come with strict compliance requirements and important limitations on donor control.

Learning Objective

Evaluate the tax and compliance implications of donor-advised fund contributions.

Course Description

This nano-learning course examines the tax and compliance rules governing donor-advised funds, including contribution deductions, substantiation requirements, and donor restrictions.

Recommended Audience

Tax and accounting professionals advising clients on charitable giving strategies, non-cash contributions, philanthropic planning, and income tax deduction opportunities.

Professional Impact

Donor-advised funds can provide immediate charitable deductions, capital gain avoidance opportunities, and flexible grant-making options. However, valuation requirements, Form 8283 substantiation rules, private benefit restrictions, and donor control limitations can create significant compliance risks if not properly understood and managed.

Author / Instructor

Lee T. Reams, Sr., BSME EA
Lee T. Reams, Sr. is an Enrolled Agent with extensive experience in tax preparation, representation, and advanced tax planning. He is known for helping practitioners apply complex tax rules in real-world client situations.

Course Details

This course qualifies for NASBA continuing professional education credit. CountingWorks, Inc. is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. 

Enhance Your Understanding of Donor-Advised Fund Planning

Start Donor-Advised Funds and learn how deduction rules, contribution strategies, substantiation requirements, and donor restrictions affect charitable planning outcomes.