Friday, December 21, 2012

Charitable Contributions

Strict substantiation requirements can trip up charitable donors
At this time of year, when many taxpayers give to charity, it's important that tax practitioners understand the strict substantiation requirements that must be met to qualify for a charitable deduction. A recent Tax Court case illustrates the lengths the Internal Revenue Service will go to enforce the substantiation requirements. The Tax Adviser (12/2012) LinkedInFacebookTwitterEmail this Story

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