Jim Rourke of Nexsen Pruet, PLLC has made available for download his PowerPoint addressing substantiation and quid pro quo issues.

Read the beginning of the article here:

While we’re not even three full months into 2016, the United States Tax Court already has decided two cases, which disallowed tax deductions for donors based on a tax exempt entity’s failure to properly substantiate those donations.

Although the charities themselves were not directly affected by these rulings, these cases demonstrate the need to provide donors with the proper documentation in order to comply with the IRS’ rules regarding substantiation.*

Find the article here 

*Full article removed for copyright issues

Posted by Pooja Shivaprasad, Associate Editor, Wealth Strategies Journal