What Constitutes a Quid Pro Quo or Token Gift for Charitable Contributions?
There's no need to tell donors to subtract out the value of return gifts to them that were merely token, "insubstantial" items--but how much is that?
New Rules for Charitable Contribution Deductions Under the CARES Act
Learn about the new $300 universal nonitemized “above the line” charitable deduction authorized in the wake of the COVID-19 crisis.
What Constitutes a Quid Pro Quo or Token Gift for Charitable Contributions?
There's no need to tell donors to subtract out the value of return gifts to them that were merely token, "insubstantial" items--but how much is that?