July 11, 2013
Important Details: Church's Error in Documentation Costs Taxpayer $7,552 Dollars
When it comes to the tax laws governing charities, the details matter.
As reported on our firm’s newsfeed, in a recent United States Tax Court case, the tax judge disallowed deductions for over $22,000 in charitable giving due to noncompliant documentation from the recipient church. Because the contributions were disallowed as deductions, the donor’s IRS-determined deficiency of $7,552 was upheld.