Tag Archives: Charitable

IRS Proposes Amendments to Regulations Regarding Charitable Contributions

The Internal Revenue Service has proposed amendments to regulations under section 170 of the Internal Revenue Code concerning rules governing availability of charitable contribution deductions when the taxpayer receives or expects to receive a corresponding state or local tax credit…. … Continue reading

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Treasury Issues Proposed Regulations Addressing Charitable Deductions for State and Local Tax Credit Contributions

The Treasury Department recently issued proposed regulations addressing the availability of charitable deductions when taxpayers receive or expect to receive corresponding state or local tax credits for contributions.  The proposed regulations require a taxpayer who makes a contribution to a … Continue reading

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Article on Restricted Charitable Gifts: Public Benefit, Public Voice

Susan N. Gray recently published an Article entitled, Restricted Charitable Gifts: Public Benefit, Public Voice, 81 Alb. L. Rev. 565-608 (2017-2018). Provided below is the beginning of the introduction to the article. Donors who contribute to charities or create new… … Continue reading

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Article on The Charitable Contribution Strategy: An Ineffective SALT Substitute

Andy Grewal recently published an Article entitled, The Charitable Contribution Strategy: An Ineffective SALT Substitute, Tax Law: Tax Law and Policy eJournal (2018). Provided below is an abstract of the Article: Various states have proposed or enacted laws designed to… … Continue reading

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Final Charitable Contribution Reporting Regulations Issued

The Code imposes various reporting and substantiation requirements in order for a donor to claim a charitable contribution. More than once I have seen the IRS adopt a strict approach with taxpayers and have sought to disallow deductions for substantial … Continue reading

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