View Research by Author - Roger Colinvaux
Enforcing the Enhanced Charitable Deduction: Improved Reporting on the Form 8283 (Research Brief)
|Viewing 1-2 of 2. Most recent posts listed first.|
The inventory, or stock in trade, of a business is eligible for a special "enhanced" charitable contribution deduction under the federal income tax. The many requirements to claim an enhanced deduction present unique challenges for the Internal Revenue Service (IRS). This issue brief highlights problems with how enhanced deduction contributions are reported and makes suggestions for changes to such reporting in order to improve enforcement capabilities.
Evaluating the Charitable Deduction and Proposed Reforms (Research Report)
|Posted to Web: January 07, 2013||Publication Date: January 07, 2013|
Many recent proposals for budget and tax reform would change the value of the charitable contribution deduction. This report provides context for policymakers who may be considering one or more of these reforms, as well as for other interested observers. We first offer a basic overview of charitable giving and the legal rules for claiming the deduction. Next we discuss the various rationales that have been offered in its support and highlight critiques of the deduction. We then examine various proposed reforms, including caps, floors, credits, and grants, in light of those critiques.
|Posted to Web: June 13, 2012||Publication Date: June 07, 2012|
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