The age-old axiom of no job being finished until the paperwork is done always resonates at this time of year. In this article, Burgess J.W. Raby, Esq., and William L. Raby, CPA, both associated with the Raby Law Office, Tempe, Ariz., discuss recent cases dealing with the rules for substantiating charitable contributions.  MORE »

Donald Lubick of United Jewish Communities has sent comment to Treasury regarding recent legislative reform proposals for reform in the area of donor-advised funds and supporting organizations.  MORE »

The Tax Court has ruled that a couple's charitable deduction for "non-publicly" traded stock is limited to the stock's basis because they failed to obtain an appraisal as required by Treasury Reg. 1.170A-13.  MORE »

The Fourth Circuit has affirmed the Tax Court's decision that limits a couple's charitable deduction for their contribution of nonpublicly traded stock because the couple failed to obtain a qualified appraisal as required by reg. section 1.170A-13.  MORE »

The Tax Court has denied a charitable deduction claimed by a limited liability company for a contribution of land and improvements it donated to a charitable organization because the LLC couldn't prove it transferred legal title to the property.  MORE »

A U.S. district court has ruled that a grazing permit issued by the U.S. Forest Service to cattle ranchers that gave them the right to graze cattle on federal land adjacent to their ranch is not a property interest that has any value and, therefore, cannot be treated as a charitable contribution when it is waived back to the government as required when the base-property is sold.  MORE »

A U.S. district court has upheld the appraised value claimed by two businessmen who purchased medical equipment at a low price and then donated it to a hospital.  MORE »

Malcolm Moore of Davis Wright Tremaine LLP has thanked Treasury for issuing Notice 2006-15, which states that Treasury and the IRS are reconsidering guidance under Rev. Proc. 2005-24 that provides a safe harbor on spousal rights of election, charitable remainder annuity trusts, and charitable remainder unitrusts.  MORE »

What exactly is charitable gift annuity reinsurance? Who better to answer this question than charitable gift annuity risk management specialist and PGDC Editorial Board member Bryan K. Clontz? In this article, Bryan answers this and nine other follow-up questions that will help readers understand the applications, benefits and nuances of this valuable management tool.  MORE »