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How To Avoid Losing A $600,000 Charitable Deduction

Por: Forbes Business October 13, 2022

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In the toguna (traditional meeting hut).getty In Schweizer v. Comm’r TC Memo 2022-102, the Tax Court held that the denial of a $600,000 charitable deduction for the donation of a work of art was reasonable because the tax return included an incomplete Form 8283 as well as the taxpayer’s reliance, and lack of care and ordinary prudence, on a professionally prepared tax return. This, along with the earlier case I reported on, , reinforces the... + full article



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