A Win-Win Option for Charity and Tax Policy
Stories of abuses by both donors to charities and by charitable organizations have once again filled newspaper headlines recently. The types of abuse are multiple, stretching from overvalued donations of easements (restrictions on certain uses of land to protect it, say, for conservation purposes) to vacations financed by donations of dead animal heads to the storage rooms of museums. In every crisis there is opportunity, and, in this case, it blends together a clean-up of the charitable sector with additional charitable incentives.
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