Charitable Contribution Deduction: Rules & Changes (Completed)

Date: Monday, June 5, 2023
Instructor: Susan Harper
Begin Time:  12:00pm Pacific Time
1:00pm Mountain Time
2:00pm Central Time
3:00pm Eastern Time
CPE Credit:  1 hour for CPAs
1 hour Federal Tax Related for EAs and OTRPs
1 hour Federal Tax Law for CTEC

“Can I deduct my charitable contributions?” Explore the answers to this commonly asked question with Susan Harper, Certified Fraud Examiner, and former IRS Internal Revenue Agent of 34 years. This webinar will explore cash vs. non-cash contributions, substantiation requirements, limitations, appraisals and more to ensure your clients benefit from their charitable giving. With 20 years instructing CPE courses, Susan will deliver an entertaining and informative discussion to address charitable contributions. Lastly, throughout the presentation, she will share interesting case stories involving fraudulent charitable contribution deductions and the associated consequences.

Topics Covered

  • Cash Contributions
  • Non-Cash Contributions
  • Substantiation Requirements
  • Appraisals
  • Form 8283, Noncash Charitable Contributions
  • Temporary Increase in Limits on Contribution of Food Inventory
  • Qualified Charitable Deduction (QCD for IRAs)
  • IRS Consequences (Civil & Criminal)
  • Case Studies
  • Realize when an Appraisal is Needed
  • Explore Contribution of Food Inventory & Qualified Charitable Deduction
  • Recognize Charitable Contribution Schemes

Learning Objectives

  • Discuss Recent Tax Law Changes
  • Describe Substantiation Requirements for Cash & Non-Cash Contributions
  • Realize when an Appraisal is Needed
  • Explore Contribution of Food Inventory & Qualified Charitable Deduction

Level
Basic

Instructional Method
Group: Internet-based

NASBA Field of Study
Taxes (1 hour)

Program Prerequisites
None

Advance Preparation
None

">
 Chat — Books Support