The Rules of Giving: Navigating Charitable Contributions and Compliance

Charitable giving has become more complex, requiring nonprofit organizations and their advisors to manage evolving federal tax rules governing donor deductions, gift substantiation, and charitable acknowledgments.

Join us for a look at the requirements for receipting charitable contributions, donor-advised funds, qualified charitable distributions, and the acceptance of cash and noncash gifts, including the documentation and reporting obligations for various asset types. You’ll gain practical guidance for implementing compliance procedures that reduce organizational risk while helping your donors preserve the deductibility of their charitable contributions.

Live webinar attendees are eligible for 1.0 hour of CPE credit.

Learning Objectives

1. Determine the federal substantiation and written acknowledgment requirements for charitable contributions and identify the information that must be included in donor receipts to support a charitable deduction.
2. Distinguish the tax and compliance rules for donor-advised funds, qualified charitable distributions, and common categories of noncash charitable contributions, including the respective responsibilities of donors and charitable organizations.
3. Apply federal tax rules to evaluate charitable gift acceptance procedures, documentation requirements, and compliance processes for cash and noncash charitable contributions.