Monday, July 10, 2017

Failure To Substantiate Charitable Contributions Costs Family $142,000 In Deductions

You are entitled to donate property to charity and claim a deduction for the value of the property. But as two families have learned in the past two years, if you don't properly substantiate your contributions, the IRS is more than happy to deny them all.

from Forbes Real Time http://www.forbes.com/sites/anthonynitti/2017/07/10/failure-to-substantiate-charitable-contributions-costs-family-142000-in-deductions/
via IFTTT

No comments:

Post a Comment