August 01, 2018
IRS and Treasury have released final regulations (T.D. 9836) regarding substantiation and reporting requirements for cash and non-cash charitable contributions. The final regulations, which were originally proposed in 2008, provide guidance to individuals, partnerships ...
June 13, 2019
Treasury and IRS have issued final regulations that require reductions to charitable contributions where donors receive a state tax credit in exchange for the charitable contribution made. A safe harbor allows individuals who ...
May 01, 2020
The CARES Act temporarily increased the deduction limitation for charitable contributions of food inventory for contributions made during calendar year 2020 to provide increased deduction opportunities for businesses that are increasing their charitable activity ...
