Types of Contributions
The particular tax consequences of a donor's charitable contribution depends on the type of contribution that he makes. A taxpayer may contribute services, cash, or property to a charity. There are a number of traps, especially that donations of short-term capital gains are generally not tax deductible.
Read more about this topic: Charitable Contribution Deductions In The United States
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—Talcott Parsons (1902–1979)
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