Charitable Contributions by Individuals & Businesses

1 Hour

The tax code incentivizes generosity, offering valuable deductions for charitable contributions made by individuals and businesses.  However, recent legislative changes have introduced new opportunities and modifications to existing tax benefits.  This course provides a comprehensive overview of the rules governing charitable deductions, covering everything from eligible charities to substantiation requirements, adjusted gross income (AGI) limitations, and enhanced deductions for corporate donations.  Attendees will gain a deeper understanding of specialized topics, including donor-advised funds, intellectual property contributions, conservation easements, and qualified charitable distributions – ensuring they can maximize tax benefits while maintaining compliance.

Speaker: James F. Tice, EA

Mr. James Tice is a distinguished leader in the firm’s tax practice. He specializes in organizing, preparing, and supervising complex tax planning and compliance for various tax-exempt organizations and small businesses. Mr. Tice frequently lectures on a wide range of topics, including tax, business, and ethics. He has been actively involved with the Pennsylvania Society of Tax & Accounting Professionals since 2005 and has been enrolled to practice before the IRS since 2012.