Description
COURSE DESCRIPTION:
This course reviews the federal tax rules governing charitable contributions for individuals. Topics include deductible and nondeductible contributions, cash and noncash gifts, contribution limitations, substantiation and appraisal requirements, qualified charitable distributions, conservation contributions, and special rules affecting various types of charitable giving.
LEARNING OBJECTIVES:
After completing this course, participants will be able to:
- Distinguish between charitable contributions that qualify for a federal tax deduction and those that are nondeductible.
- Evaluate the limitations and special tax rules applicable to cash, noncash, and appreciated property contributions.
- Identify the substantiation, documentation, and appraisal requirements for various types of charitable contributions.
- Recognize the special rules involving qualified charitable distributions, conservation contributions, volunteer-related expenses, and other charitable giving situations.
| NASBA |
Field of Study: Taxes CPE Credit: 2.0 hours Delivery Method: QAS Self Study |
| IRS |
Field of Study: Federal Tax Law CE Credit: 2.0 hours IRS Program Number: VP8T3-T-00498-24-S |
| CTEC |
Field of Study: Federal Tax Law CE Credit: 2.0 hours CTEC Course Number: 1044-CE-05331 |
| Publication Date: | 5/1/2024 |
| Instructional Delivery Method: | QAS Self-Study |
| Level: | Intermediate |
| Prerequisites: | General knowledge of federal taxation |
| Advanced Preparation: | None |
| Author: | Lee Reams, Sr., BSME, EA |
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Course Material: A copy of the course material is available for download under the Additional References tab. Registration: Sign-up online by clicking add to cart above or by phone at 1-800-384-1101. |

