Topic
Charitable Contribution Deduction
256 published works
Nonprofit Law Prof Blog
Tax Court Rejects Deduction for House Donated to Fire Department for Training
In Rolfs v. Commissioner, the Tax Court upheld the IRS's position that no charitable contribution deduction would be permitted for the donation of a house to a local volunteer fire…
Nonprofit Law Prof Blog
New York Limits Charitable Contribution Deductions for High Earners
Earlier this month, the Chronicle of Philanthropy reported that New York Governor David A. Paterson signed into a law a bill that limits wealthy individuals - those with adjusted gross…
Nonprofit Law Prof Blog
McCormack on Recognizing the Negative Externalities Created by Charities
Shannon Weeks McCormack (UC Davis) has posted Taking the Good with the Bad: Recognizing the Negative Externalities Created by Charities and Their Implications for the Charitable Deduction on SSRN. Here…
Nonprofit Law Prof Blog
States Looking to Reduce Charitable Contributions Deduction to Increase Revenue
As states continue to grapple with revenue shortfalls and other budgetary challenges, some are looking to reduce or cap individual taxpayers' deductions for charitable contributions.Hawaii: Governor Linda Lingle vetoed a…
Nonprofit Law Prof Blog
Charitable Contributions Deduction under New York State Law Could Be Limited for High Income Taxpayers
The Chronicle of Philanthropy reports that a proposal to reduce the charitable contributions deduction allowed for individual donors who are “high earners” is facing resistance from nonprofits. Governor David Paterson and…
Nonprofit Law Prof Blog
Tax Court Denies Charitable Contributions Deduction for Gifts to Nonqualifying Donees
A recent summary opinion of the United States Tax Court, Wilkes v. Comm’r, T.C. Summ. Op. 2010-53, reminds taxpayers and their advisors of the importance of donating directly to a…
Nonprofit Law Prof Blog
Haiti Update: Congress and the IRS Help Charities Help Haiti
Congress passed, and the President has signed, the bill we mentioned last week to permit individuals and corporations that make cash contributions now (before March 1st) to help victims of…
Nonprofit Law Prof Blog
Public Benefit v. Private Gain
In our basic income tax classes, we teach that a taxpayer is supposed to receive a charitable contribution deduction only for transfers for charity for which the taxpayer receives no…
Nonprofit Law Prof Blog
Donor Control of Charity Does Not Thwart Deduction
In Foxworthy Inc. v. Commissioner, the IRS denied, along with numerous other unrelated claimed deductions, hundreds of thousands of dollars in charitable contribution contributions in part because the individual donors controlled…
Nonprofit Law Prof Blog
Healthcare Reform Resurrects the Debate Over Charitable Deduction Limits
The Chronicle of Philanthropy reported Wednesday, September 23, 2009, that Senator Max Baucus, the Senate Finance Committee chairman, joined by other senators, included a 35 percent cap on charitable deductions…