The tax law of charitable giving. 2017, Cumulative supplement / Bruce R. Hopkins.

Format:

Book

Author/Creator:

Hopkins, Bruce R., author.

Series:

Wiley nonprofit authority series.

Wiley Nonprofit Authority

Language:

English

Subjects (All):

Income tax deductions for charitable contributions--United States.

Income tax deductions for charitable contributions.

Physical Description:

1 online resource (177 pages) : illustrations, tables.

Edition:

Fifth edition.

Place of Publication:

Hoboken, New Jersey : Wiley, 2017.

Summary:

The classic reference for charitable gift regulations, updated for 2017 The Tax Law of Charitable Giving is the leading guide to the law, rules, and regulations governing charitable giving. Author Bruce R. Hopkins is the most respected authority in the field; in this book, he provides a comprehensive update on the latest changes to the law, new Treasury Department regulations, and much more to help lawyers, managers, and development directors in tax-exempt organizations stay up-to-date on all regulations pertaining to charitable gifts. This 2017 update includes coverage of updated estate tax law, new substantiation requirements, appraisal requirements, recordkeeping, donor-advised funds, and the new healthcare tax on investment income of trusts, with detailed documentation, citations, and references to regulations, rulings, cases, and tax literature included. The companion website provides additional tables, appendices, IRS guidelines, and other useful documents to help nonprofits make fully informed decisions about their fund-development programs. As quickly as tax law evolves, it remains the nonprofit's responsibility to stay up-to-date and compliant with all relevant regulations. This book provides a definitive reference for the latest changes, new laws, and upcoming legislation to provide an accessible one-stop reference. Examine the latest changes to the laws surrounding charitable giving Learn how the new healthcare tax affects pooled income funds Understand the Treasury Department's new regulations for reporting, appraisal, and more Access reference tables, IRS guidelines, and other useful documents Charitable gifts are the cornerstone of the nonprofit organization's support, and American taxpayers give more than any other group worldwide. The rules surrounding these gifts are complex, but compliance is critical to the health of the organization. The Tax Law of Charitable Giving provides an authoritative reference for all aspects of the law, with the most up-to-date information available anywhere.

Contents:

Cover

Title Page

Copyright

Contents

Preface

About the Author

Book Citations

Part One: Introduction to the Tax Law of Charitable Giving

Chapter One: Charitable Giving Law: Basic Concepts

* 1.3 Principles of Charitable Organizations Law Philosophy

* 1.4 Statistical Profile of Charitable Sector

Chapter Two: The United States Tax System: An Overview

2.5 Deductions

2.6 Standard Deduction

2.7 Concept of Taxable Income

2.15 Taxation of Income

Part Two: Basics of Charitable Giving Law

Chapter Three: Fundamental Concepts

* 3.1 Meaning of Gift

3.2 Meaning of Donor

3.4 Public Charities and Private Foundations

3.6 Factors Affecting Income Tax Deductibility of Charitable Gifts

*Chapter Four: Gifts of Money and Property

4.3 Gifts of Long-Term Capital Gain Property in General

Part Three: Charitable Giving in General

Chapter Six: Timing of Charitable Deductions

6.13A Gifts of Easements (New)

6.15 Gifts By S Corporations

Chapter Seven: Percentage Limitations

7.12A Qualified Conservation Contributions

* 7.12B Conservation Gifts By Farmers and Ranchers

Chapter Eight: Estate and Gift Tax Considerations

8.2 Federal Gift Tax

Chapter Nine: Special Gift Situations

9.3 Inventory

9.7 Conservation Property

*Easements and Other Conservation Property

9.10 Retirement Plan Accounts

* 9.19 Bargain Sales

* 9.22 Contributions by Trusts

* 9.22A Contributions By Estates

Chapter Ten: Other Aspects of Deductible Giving

* 10.1 Valuation of Property

* 10.4 Conditional Gifts

* 10.7 Interrelationship With Business Expense Deduction

* 10.14 Penalties

10.15 Transactions of Interest

Part Four: Planned Giving

Chapter Twelve: Charitable Remainder Trusts

* 12.2 Charitable Remainder Annuity Trust Rules.

* 12.4 Issues

* 12.12 Calculation of Charitable Deduction

Chapter Thirteen: Pooled Income Funds

13.7 Pass-Through of Depreciation

Chapter Sixteen: Charitable Lead Trusts

16.7 Private Foundation Rules

Part Five: International Charitable Giving

Chapter Eighteen: International Giving by Individuals during Lifetime

Part Six: Administration of Charitable Giving Programs

Chapter Twenty-One: Substantiation and Appraisal Requirements

* 21.3 Substantiation Requirements for Gifts of 250 or More

* 21.4 Substantiation Requirements for Noncash Gifts

* 21.5 Appraisal Requirements

21.7 Appraisals of Clothing and Household Items

* 21.8 Burden of Proof Rules

Chapter Twenty-Three: Special Events, Corporate Sponsorships, and Donor-Advised Funds

23.4 Donor-Advised Funds

Part Seven: Appendices

*Appendix H: Monthly Federal Interest Rates Used in Valuing Partial Interests (IRC 7520)

Appendix I: Deemed Rates of Return for Transfers to New Pooled Income Funds

Tables

Cumulative Table of Cases

Cumulative Table of IRS Revenue Rulings and Revenue Procedures

Cumulative Table of IRS Private Determinations Cited in Text

Cumulative Table of IRS Private Letter Rulings, Technical Advice Memoranda, and General Counsel Memoranda

Table of Cases Discussed in Bruce R. Hopkins' Nonprofit Counsel

Cumulative Table of IRS Revenue Rulings Discussed in Bruce R. Hopkins' Nonprofit Counsel

Cumulative Table of Private Letter Rulings and Technical Advice Memoranda Discussed in Bruce R. Hopkins' Nonprofit Counsel

Table of Charitable Giving Law Tax Reform Proposals

Cumulative Index

EULA.

Notes:

Includes index.

Description based on online resource; title from PDF title page (ebrary, viewed March 15, 2017).

ISBN:

1-119-34545-6

OCLC:

975225827