Topic
Charitable Contribution Deduction
256 published works
Nonprofit Law Prof Blog
Could Obama’s Tax Plan Hurt Charitable Contributions?
According to the New York Times and other sources, part of Obama's plan to pay for his health care initiative involves limiting the availability of itemized deductions for taxpayers with…
Nonprofit Law Prof Blog
IRS Guidance on Charitable Contributions
The IRS has issued an updated Publication 526, Charitable Contributions. The publication contains information useful in filling out 2008 tax returns, covering all the basic deduction rules. In addition, the…
Nonprofit Law Prof Blog
Did Daschle Fail to Secure Proper Gift Acknowledgment for Charitable Deduction Purposes?
According to his January 30, 2009, Senate Finance Committee statement available on the Wall Street Journal website, it appears that among the "outstanding" tax issues for Senator Daschle is Daschle's…
Nonprofit Law Prof Blog
Three Tax and Economic Stimulus Proposals to Aid Charities
A recent op-ed in the Chronicle of Philanthropy set forth three tax proposals to aid charities:Allow people to claim a double deduction for any increase in the amount they give…
Nonprofit Law Prof Blog
House Passes Charitable Tax Provisions
The Chronicle on Philanthropy reports that the House of Representatives on Friday passed the tax bill that had already cleared the Senate. The tax bill extends some of the charity…
Nonprofit Law Prof Blog
Interesting Case Study on Private Benefit and Quid Pro Quo Charitable Contributions
There is an interesting article in today's Wall Street Journal that provides useful context for a discussion of several tax exempt doctrines (including the private benefit doctrine, private inurement and…
Nonprofit Law Prof Blog
Congress Likely to Tinker with the Charitable Deduction and Exemption Laws Next Year
On September 4, 2008, the Chronicle of Philanthropy reports that charities should be concerned about the fate of the charitable contribution deduction and other charity-friendly policies. Here is an excerpt…
Nonprofit Law Prof Blog
Sarah B. Lawsky: On Microfinance Charitable Contributions Deductions
Sarah B. Lawsky has posted Money for Nothing: Charitable Deductions for Microfinance Lenders. Here is the abstract:The last five years have seen a huge increase in the general public's interest…
Nonprofit Law Prof Blog
Tax Court Case – Contemporaneous Substantial Required for Deduction
Sec. 17o(f)(8)(C) says that a contribution of over $250 is not deductible unless the charity sends the donor a letter stating the amount of the donation and also stating that…
Nonprofit Law Prof Blog
The Charitable Deduction: Who Really Benefits and Who Really Pays?
In Wednesday's New York Times Op-Ed Section, Boston College Law School Professor Ray D. Madoff criticizes the charitable deduction's role as a mechanism allowing people to donate as much of…