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Taxation & Estate Planning

: TaxProf Blog

GAO: Information Reporting for Charitable Cash Contributions Won't Close Tax Gap

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The Government Accountability Office has relased Requiring Information Reporting for Charitable Cash Contributions May Not Be an Effective Way to Improve Compliance (GAO-09-555). Here is the Summary: Individual taxpayers who misreport charitable cash contributions they deduct on their tax returns contribute to the tax gap. ... One approach that tends...

Full post as published by TaxProf Blog on June 17, 2009 (boomark / email).

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