Membership dues as charitable contributions.: An article from: The Tax Adviser
Book Details
Author(s)Lori Demski
PublisherAmerican Institute of CPA's
ISBN / ASINB00093HWTK
ISBN-13978B00093HWT2
AvailabilityAvailable for download now
Sales Rank10,879,501
MarketplaceUnited States 🇺🇸
Description
This digital document is an article from The Tax Adviser, published by American Institute of CPA's on March 1, 1995. The length of the article is 579 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: Charitable organizations must notify members whose dues exceed $75 that dues are deductible only to the extent that the payment exceeds the value of goods and services received in return by the member. The organization must notify its members of this limitation and the estimated value of services, and failure to do so can result in penalties of $10 per nondisclosure. When determining the value of quid pro quo goods and services, the charitable organization should provide estimated values, or actual amounts when discounts or subscriptions are involved.
Citation Details
Title: Membership dues as charitable contributions.
Author: Lori Demski
Publication:The Tax Adviser (Magazine/Journal)
Date: March 1, 1995
Publisher: American Institute of CPA's
Volume: 26 Issue: n3 Page: 141(2)
Distributed by Thomson Gale
From the supplier: Charitable organizations must notify members whose dues exceed $75 that dues are deductible only to the extent that the payment exceeds the value of goods and services received in return by the member. The organization must notify its members of this limitation and the estimated value of services, and failure to do so can result in penalties of $10 per nondisclosure. When determining the value of quid pro quo goods and services, the charitable organization should provide estimated values, or actual amounts when discounts or subscriptions are involved.
Citation Details
Title: Membership dues as charitable contributions.
Author: Lori Demski
Publication:The Tax Adviser (Magazine/Journal)
Date: March 1, 1995
Publisher: American Institute of CPA's
Volume: 26 Issue: n3 Page: 141(2)
Distributed by Thomson Gale
