nonprofit organizations

Charitable Deductions of Non-Cash Items — When Are You Required to Substantiate?

Numerous reputable charities embrace various kinds of assets or property (e.g., clothing, household appliances, furniture, artworks, and etc.) to support their charitable mission. The non-cash charitable contributions, however, must satisfy rigorous substantiation criteria to qualify for the deduction. Read more.

By |2023-12-22T16:48:06-05:00December 22nd, 2023|Articles, Individual Taxation, Not For Profit|0 Comments
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