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Charitable Deductions Required Forms

Holland & Knight LLP

Taxpayer Loses Charitable Deduction Due to Lack of Documentation

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Each year, individuals and families contribute thousands of pounds of tangible personal property – such as gently used clothing, old toys, furniture and household appliances – to local charities. In turn, charities provide...more

BCLP

IRS Revises Form 1024; Annual Revenue Procedures; New Issue Snapshot; Deducting Charitable Contributions: Understanding Your...

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IRS revises Form 1024, Application for Recognition of Exemption Under Section 501(a) or Section 521 of the Internal Revenue Code, as part of ongoing efforts to improve service - As part of ongoing efforts to improve...more

BCLP

Expanded Tax Benefits for Giving to Charity, 2020 Forms 990-T and 4720 Revisions and Other News

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Year-end reminder: Expanded tax benefits help individuals and businesses give to charity during 2020 - The IRS today explained how expanded tax benefits can help both individuals and businesses give to charity before the...more

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