Ledgible announces Form 8283 capabilities; Taxaroo touts AI tax advice solution as "ChatGPT for Taxes;" Paystand rolls out new AR and AP tools; and NetSuite launches NetSuite MyLearn.
In Schweizer v. Comm’r TC Memo 2022-102, the Tax Court held that the denial of a $600,000 charitable deduction for the donation of a work of art was reasonable because the tax return included an ...
If you’re claiming an income tax deduction for a contribution to charity of a capital asset worth more than $5k, other than publicly-traded securities, you will need to support your claim with an ...
Last month, the IRS issued final regulations entitled “Substantiation and Reporting Requirements for Cash and Noncash Charitable Contribution Deductions,” codified as Treasury Regulation Sections ...