Good Donor Stewardship – Acknowledging ContributionsOn November 30, 2012 by Schnader
As we move into the height of this year’s charitable giving season, we respectfully remind our clients of the IRS’ very strict view, and recently reiterated emphasis, on providing donors with proper paperwork substantiating contributions. When a charity fails to issue certain documentation or disclosures, the IRS may deny the donor a tax deduction for his or her generous contribution. This Alert discusses the requirements in more detail.
Please click here to read the full Alert.