Deducting Noncash Charitable Contributions Documentation and Substantiation Requirements

Author(s)

John K. Cook, Wright State University
Sarah J. Webber, University of DaytonFollow

Document Type

Article

Publication Date

5-2014

Publication Source

The CPA Journal

Abstract

Arecent 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.

Inclusive pages

40-44

ISBN/ISSN

0732-8435

Comments

Permission documentation is on file.

Copyright

Copyright © 2014, New York State Society of Certified Public Accountants

Publisher

New York State Society of Certified Public Accountants

Peer Reviewed

yes

eCommons Citation

Cook, John K. and Webber, Sarah J., "Deducting Noncash Charitable Contributions Documentation and Substantiation Requirements" (2014). Accounting Faculty Publications. 61.
https://ecommons.udayton.edu/acc_fac_pub/61