Tax implications for charities and charitable contributions
This course will be an overview of: The difference between public charities and private foundations How to substantiate contributions How to help ensure compliance for everything from collection plate contributions at church to complicated property donations WE RECOMMEND USING GOOGLE CHROME
After completing this course, the learner should be able to: Recognize the definitions of and qualifications for tax-exempt charities, public charities, and private foundations Recognize how to qualify as a public charity and when to file for tax-exempt status Recognize what qualifies as a charitable contribution for income tax purposes Calculate the amount of a charitable contribution or charitable contribution recapture Recognize reductions/limitations/carryover of charitable contributions
Field of study:
TaxesInstructor(s):