CBM Blog Strategic Tax Tips for Your Private Foundation

A private foundation generally pays a 1.39% excise tax each year on net investment income when filing its annual Form 990-PF. Since this is not a large tax, most small private foundations don’t spend much time (if any) on tax planning.  While the excise tax rate on net investment income is not substantial, below are some tax planning tips your private foundation may want to utilize. Net Capital Loss – What you need to know On Form 990-PF, net capital... Read more › The post Strategic Tax Tips for Your Private Foundation appeared first on Councilor, Buchanan & Mitchell (CBM).