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Finanse publiczne · 30/07/2018

Substantiation and Reporting Requirements for Cash and Noncash Charitable Contribution Deductions

The IRS has released final regulations outlining the requirements for documenting and reporting charitable donations, which were influenced by the American Jobs Creation Act of 2004 and the Pension Protection Act of 2006, affecting individuals, partnerships, and corporations.

Source: Federal Register — Department of the TreasuryOpen original release →