Ledgible announces Form 8283 capabilities; Taxaroo touts AI tax advice solution as "ChatGPT for Taxes;" Paystand rolls out new AR and AP tools; and NetSuite launches NetSuite MyLearn.

Noncash charitable contributions can be as simple as a bag of used clothing donated to the Salvation Army, or as complicated as artwork worth millions given to a museum. Contributions can provide a ...

The Tax Court denied an art collector and dealer’s claimed charitable deduction for donated artwork because, it held, the taxpayer lacked reasonable cause for his failure to properly substantiate the ...

The Treasury Inspector General for Tax Administration (TIGTA) estimated that more than 273,000 taxpayers claimed $3.8 billion in potentially erroneous noncash charitable contribution deductions in tax ...

A report by the Treasury inspector general for tax administra­tion estimated that 60% of taxpayers who make noncash contributions aren't complying with reporting requirements, and it urged the IRS to ...

For information about Conrad Teitell's publications and lectures visit: taxwisegiving.com. For information about Cummings & Lockwood visit: cl-law.com. Now’s a good time to tell your clients how to ...