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Reporting Requirements Charitable Deductions

McDermott Will & Emery

NFTs and Charitable Fundraising: Navigating Tax Hurdles

McDermott Will & Emery on

As the creation of and transactions involving non-fungible tokens (NFTs) have increased dramatically, so has interest in using NFTs as donations to charitable organizations and for other charitable fundraising tools. Given...more

McGuireWoods LLP

Final Regulations on Charitable Contribution Deductions

McGuireWoods LLP on

The IRS and Treasury released final regulations on charitable contribution deductions – the rules address substantiation and reporting requirements for cash and noncash charitable contributions, which were enacted in the...more

Proskauer - Not for Profit/Exempt...

IRS Proposes Rules for Donee Charitable Donation Reporting

On September 16, 2015, the IRS issued proposed regulations concerning the time and manner for donee organizations to file information returns that report required information about charitable contributions. The proposed...more

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