Charitable Contributions: Complex Tax Issues With Unique Donations
Cryptocurrency, Self-Created Assets, QCDs, Donor Advised Funds, Substantiation, Grouping Similar Items
Note: CLE credit is not offered on this program
A live 110-minute CPE webinar with interactive Q&A
This webinar will provide strategies and advice to maximize deductions of unique charitable contributions made by philanthropic taxpayers. Our panel of individual income tax professionals will review the rules for donor-advised funds and qualified charitable distributions (QCDs) as vehicles for making contributions, discuss the guidelines for deducting cryptocurrency, NFTs, and appreciated assets, and outline the complex rules for supporting and reporting these contributions on Form 8283 so that the deduction is allowed.
- Qualified charitable distributions
- Donor-advised funds
- Cryptocurrency and NFTs
- Self-created assets
- Appreciated assets
- Other unique contributions
- Substantiating charitable contributions
- Preparing Form 8283, Noncash Charitable Contributions
- Recent cases
The panel will cover these and other critical issues:
- How to value and deduct cryptocurrency donations to charities
- The rules for reporting and deducting specific self-created assets
- Using a donor-advised fund to maximize the tax benefits of charitable donations
- Grouping similar items on Form 8283, Noncash Charitable Contributions, for large non-cash donations to charity
Aaron Borden, J.D., CPA
Mr. Borden has more than 15 years’ experience finding solutions to complex tax problems for his clients.... | Read More
Mr. Borden has more than 15 years’ experience finding solutions to complex tax problems for his clients. Currently his work is focused on assisting business owners and entrepreneurs in achieving their desired legacy and succession planning goals. His work in this area often involves advising on estate plans, charitable giving strategies, multi-generational planning, and other matters that often go beyond the tax aspects client goals. In recent years, Mr. Borden has also assisted his clients in connection with foreign and domestic trust issues, family limited partnerships, private annuity transactions, like-kind exchanges, opportunity zone investments, private foundations, charitable trusts, conservation easements, personal use of corporate aircraft, employee stock ownership plans, and retirement planning.Close
Charles J. McLucas, Jr., CPA, PFS
Charitable Trust Administrators
Mr. McLucas focuses on charitable trust administration work and estate planning for high net worth individuals. He and... | Read More
Mr. McLucas focuses on charitable trust administration work and estate planning for high net worth individuals. He and his firm offer charitable trust administration services, third-party administrative services for donors who desire to be their own trustees, and full back office support for nonprofit organizations that do not have fully staffed planned giving departments. He is a frequent lecturer and published several articles on the use of charitable remainder unitrusts. He was previously employed with the Internal Revenue Service as a Revenue Agent.Close
CPE credit processing is available for an additional fee of $39.
CPE processing must be ordered prior to the event. See NASBA details.
Cannot Attend October 19?
CPE credit is not available on downloads.