Topic
Charitable Contribution Deduction
256 published works
Nonprofit Law Prof Blog
Religious Charities Lobby for Continued Charitable Contributions Deduction
The Chronicle ofPhilanthropy reports that a newly formed coalition of religious charities recentlywent to Washington to persuade U.S. Senators not to eliminate the charitable contributions deduction in the midst of…
Nonprofit Law Prof Blog
Colinvaux: Charitable Contributions of Property
Roger Colinvaux (Catholic University) has posted Charitable Contributions of Property: A Broken System Reimagined, 50 Harvard Journal on Legislation (forthcoming 2013). Here is the abstract:On average, nearly $46 billion of…
Nonprofit Law Prof Blog
Graev v. Commissioner – Side Letter Kills Deductions for a Façade Easement Donation
In Graev v. Commissioner, 140 T.C. No. 17 (June 24, 2013), the Tax Court sustained the IRS’s disallowance of deductions claimed with regard to the donation to the National Architectural…
Nonprofit Law Prof Blog
Oregon Now Requires 30% Program Spending
Thanks to Lloyd Mayer for pointing me to new legislation in Oregon that will disqualify state charitable contributions to organizations that spend less than 30% of their functional expenses on…
Nonprofit Law Prof Blog
Mountanos v. Commissioner – Deduction Denied for Failure to Prove Conservation Easement Had Value
In a June 3, 2013, memorandum opinion, Mountanos v. Commissioner, T.C. Memo. 2013-138, the Tax Court sustained the IRS’s disallowance of a $4.6 million deduction claimed for the 2005 donation…
Nonprofit Law Prof Blog
Colinvaux: Rationale and Changing the Charitable Deduction
Roger Colinvaux (Catholic) has posted Rationale and Changing the Charitable Deduction, 138 Tax Notes 1453 (2013). Here is the abstract:There are two principal rationales for the charitable deduction. Depending upon…
Nonprofit Law Prof Blog
President Obama’s (Yet Again) Proposed Cap on the Tax Benefit of the Charitable Contributions Deduction
As in previousyears, the proposed budget issued by the Obama administration would limit the fullvalue of itemized deductions, including the charitable contributions deduction,to the 28% income tax bracket. Forcoverage, see…
Nonprofit Law Prof Blog
Hudson Institute: “The Charitable Deduction in American Political Thought”
The Hudson Institute's Bradley Center for Philanthropy and Civic Renewal presents in Washington, DC on Tuesday, April 16th a lunchtime discussion on the charitable contribution deduction. Registration and further details…
Nonprofit Law Prof Blog
Aprill: Reforming the Charitable Contribution Substantiation Rules
Following up on last week's post regarding documenting charitable contributions, I should note that Ellen Aprill (Loyola-LA) recently posted on SSRN Reforming the Charitable Contribution Substantiation Rules, forthcoming Florida Tax…
Nonprofit Law Prof Blog
Don’t Forget: IRS requires written acknowledgement for contributions of more than $250
In 2006, theco-founder of NDM Ferret Rescue Sanctuary, Inc. made forty-four (44)contributions to her organization totaling $10,022. Seventeen (17) of those contributions, totaling $7,629, were eachfor $250 or more. While…