Taxpayer Loses A $5.2 Million Deduction.
The Tax Court again denies a charitable deduction for failure to obtain a contemporaneous written acknowledgement.
Source: forbes.com
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For Want of a Proper Acknowledgement, Taxpayer Loses A $5.2 Million Deduction
Previously, I discussed the impact of failure to get a goods thank you letter from a charity to be able to take a deduction for a charitable gift. The Tax…
Source: biztoc.com
Stone Company's Donation Deduction For Land Sold To Town Disallowed
Depending on traffic you can drive to Times Square from Ramapo in as little as an hour.
Source: forbes.com
Stone Mining Company's Donation Deduction For Land Sold To Town Disallowed
Patrick Urda of the United States Tax Court dives into the technicalities of charitable contributions of property in Janet R. Braen et.al. It is about…
Source: biztoc.com