Substantiation Requirements for Charitable Organizations

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In a recent tax court decision (Durden vs Commissioner, TC Memo 2012-140) a taxpayer was denied a charitable contribution deduction to his church because the taxpayer’s acknowledgment did not satisfy Code Sec. 170(f)(8)’s substantiation requirements. Specifically, the acknowledgment did not include a statement regarding whether any goods or services were provided in consideration for the contribution. When the taxpayer provided a second acknowledgement from their church which included the statement, the court ruled it was not contemporaneous. Substantiation_Requirements_for_Charitable Orgs_6


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Keiter CPAs is a certified public accounting firm serving the audittax, accounting and consulting needs of businesses and their owners located in Richmond and across Virginia. We focus on serving emerging growth businesses and companies in the financial servicesconstructionreal estatemanufacturingretail & distribution industries and nonprofits. We also provide business valuations and forensic accounting servicesfamily office services, and inbound international services.

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