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Substantiating Charitable Deductions at The IRS

“Close” only counts in horseshoes, hand grenades and nuclear war.

Charitable deductions in the millions of dollars are lost for failure to strictly comply with the Internal Revenue Code and the Internal Revenue Service’s substantiation and appraisal rules. Substantial compliance (much more on this later) never cuts it at the IRS—and hardly ever in the courts.

We’ll summarize the rules and alert you to pitfalls—and we’ll toss in some cases. While it’s true that every client is entitled to his decade in court, we al

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