We recently wrote on the new proposed regulations addressing the availability of charitable deductions when taxpayers receive or expect to receive corresponding state or local tax credits for contributions. The proposed regulations require a taxpayer who makes a contribution to a charitable organization to reduce his charitable deduction by any state or local tax credit
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IRS Provides Clarification for Business Taxpayers That Make Payments To State or Local Tax Credit Programs
New Law Eases Requirements for Combat-Zone Contractors to Claim Foreign Earned Income Exclusion
New Law Eases Requirements for Combat-Zone Contractors to Claim Foreign Earned Income Exclusion
Treasury Issues Proposed Regulations Addressing Charitable Deductions for State and Local Tax Credit Contributions
Treasury Issues Proposed Regulations Addressing Charitable Deductions for State and Local Tax Credit Contributions
U.S. Supreme Court Removes Tax Advantage for Online Retailers
U.S. Supreme Court Removes Tax Advantage for Online Retailers
Tax Court Holds Commissioner Failed to Comply with Supervisor Approval Requirement for Fraud Penalty
Tax Court Holds Commissioner Failed to Comply with Supervisor Approval Requirement for Fraud Penalty
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