Topic
Charitable Contribution Deduction
256 published works
Not For Profit/Exempt Organizations Blog
IRS and Treasury Release Annual Priority Guidance Plan
The IRS and Treasury Department have released their annual Priority Guidance Plan (the “Plan”) for the 2012-2013 fiscal year. The 35-page Plan is available here and includes thirteen projects directly…
Nonprofit Law Prof Blog
Should We End Charitable Deductions for Churches? Thoughts on Section 170
Back in late October I attended the annual conference held by the National Center on Philanthropy and the Law at NYU. The topic this year was the charitable contributions deduction, and the papers…
Nonprofit Law Prof Blog
Post-Election: Where Now for the Charitable Contribution Deduction?
With the 2012 election (mostly) behind us, and the fiscal cliff and growing federal government debt in front of us, it is an appropriate time to consider possible changes to…
Nonprofit Law Prof Blog
Charitable Deduction Under Fire
Many people are talking about comprehensive tax reform. There are lots of different flavors of tax reform, but the charitable deduction seems to be on the block in most of them. …
Nonprofit Law Prof Blog
Faulhaber: The Hidden Limits of the Charitable Deduction
Lilian V. Faulhaber (Boston University) has published The Hidden Limits of the Charitable Contribution: An Introduction to Hypersalience, 92 Boston University Law Review 1307. Here is the abstract:Behavioral economics introduced…
Lancaster Law Blog
Charitable Deductions Denied by Insufficient Acknowledgment
Some charities and other tax exempt organizations rely heavily on contributions from generous donors. On the other hand, those donors benefit by being able to deduct those donations from their…
Nonprofit Law Prof Blog
Help From the IRS – Direct LLC Gifts Approved!
For a while now, many of us have thought that a donor should get a charitable deduction for a gift made directly to a single member LLC (SMLLC) that is wholly owned…
From the Ground Up
IRS Charitable Deduction Gotcha Eliminated for Donated Real Estate
By Bill Manne
After more than a decade of uncertainty, the IRS has finally come around to ruling that charitable donations made to the wholly owned and controlled limited liability company (“LLC”) of…
Corporate & Securities Law Blog
IRS Confirms Charitable Contribution Deduction for Gifts Made to Single-Member LLCs
The IRS recently announced that a contribution to a domestic LLC that is wholly owned and controlled by an IRC § 501(c)(3) charitable organization will be treated as if the…
Nonprofit Law Prof Blog
IRS Gives Green Light for Deductible Contributions to Single-Member Domestic LLCs
For years the IRS has refused to rule on whether contributions to a single-member limited liability company (SMLLC) that is wholly owned and controlled by a U.S. charity and otherwise…