Tag Archives: SUBSTANTIATION

TAX COURT NOT CHARITABLE TO TAXPAYER IN UPHOLDING IRS DISALLOWANCE OF DEDUCTION FOR CASH CONTRIBUTIONS TO CHURCH WHEN TAX CODE CONDITIONS NOT STRICTLY FOLLOWED

 The Internal Revenue Code (Code) does not treat income and deductions equally.  Generally, all economic benefits received by a taxpayer, not a gift, are includible in one’s gross income under Section 61 unless specifically exempted by anther Code Section.  Contrariwise, when … Continue reading

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