Charitable Contribution Deduction: Rules & Changes
Author: Susan Harper
| CPE Credit: |
1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC |
Can I deduct my charitable contributions? Explore the answers to this commonly asked question with Susan Harper, Certified Fraud Examiner, and former IRS Internal Revenue Agent of 34 years. This course will explore cash vs. non-cash contributions, substantiation requirements, limitations, appraisals and more to ensure your clients benefit from their charitable giving. With 20 years instructing CPE courses, Susan will deliver an entertaining and informative discussion to address charitable contributions. Lastly, throughout the course, she will share interesting case stories involving fraudulent charitable contribution deductions and the associated consequences.
Publication Date: June 2023
Topics Covered
- Cash Contributions
- Non-Cash Contributions
- Substantiation Requirements
- Appraisals
- Form 8283, Noncash Charitable Contributions
- Temporary Increase in Limits on Contribution of Food Inventory
- Qualified Charitable Deduction (QCD for IRAs)
- IRS Consequences (Civil & Criminal)
- Case Studies
Learning Objectives
- Identify Recent Tax Law Changes
- Describe Substantiation Requirements for Cash & Non-Cash Contributions
- Identify when an Appraisal is Needed
- Identify Contribution of Food Inventory & Qualified Charitable Deduction
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
None
Advance Preparation
None
