Substantiation of certain charitable contributions.: An article from: The Tax Adviser

This digital document is an article from The Tax Adviser, published by American Institute of CPA's on October 1, 1994. The length of the article is 560 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: The IRS temporary regulations detail how the taxpayer and donee must report charitable contributions over $250 when the contribution is made by payroll deduction or made to a clearinghouse. Payroll deductions that individually exceed $250 will be deductible only if the taxpayer provides a pay stub showing the deduction was taken and a document from the donee showing that no goods were exchanged for the donation. When an organization passes funds on to another charitable organization, the second organization is the donee for tax purposes only if the donor receives property of services in return.

Citation Details
Title: Substantiation of certain charitable contributions.
Author: Timothy W. Mulcahy
Publication:The Tax Adviser (Magazine/Journal)
Date: October 1, 1994
Publisher: American Institute of CPA's
Volume: 25 Issue: n10 Page: 608(1)

Distributed by Thomson Gale