Top Ten Things to Know Before Deducting Charitable Contributions
filed in Deductions on Sep.22, 2009
With apologies to the Late Show, here are the top ten things the IRS wants every taxpayer to know before deducting charitable donations. (I bolded terms for easy reference.)
Number 10 - An appraisal generally must be obtained if you claim a deduction for a contribution of noncash property worth more than $5,000. In that case, [...]
