Posts Tagged: fair market value

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25 Days of Giving: The Deal with Quid Pro Quo Donations

Thanks for the reading the 25 Days of Giving series. Each day through December 25, I’m covering different aspects of charitable giving for both donors and nonprofit leaders. Have a topic you want covered or question you want answered regarding charitable giving? Contact me. I’ve covered the term quid pro quo in a previous legal… Read more »

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Gifts of Long-Term vs. Short-Term Capital Gain Property

Capital assets include stocks, bonds, real estate, art, and antiques. The amount a donor can claim as an income tax charitable deduction depends on whether the property is considered short-term or long-term capital gain property. The long-term holding period is a 12 months plus a day. Short term property is that which is held for… Read more »