Deducting Noncash Charitable Contributions Documentation and Substantiation RequirementsThe CPA Journal
AbstractArecent Tax Court memorandum decision dramatically demonstrates two important points about charitable contributions: 1) the charitable contribution deduction rules are highly complicated and full of traps for the unwary, and 2) the IRS strictly interprets and applies those rules, especially with respect to significant noncash charitable donations.
CopyrightCopyright © 2014, New York State Society of Certified Public Accountants
PublisherNew York State Society of Certified Public Accountants
Citation InformationJohn K. Cook and Sarah J. Webber. "Deducting Noncash Charitable Contributions Documentation and Substantiation Requirements" The CPA Journal (2014)
Available at: http://works.bepress.com/sarah_webber/5/