The Alliance has compiled this set of tax issue resources from throughout the nonprofit sector.
Publication 526: Charitable Contributions
The Internal Revenue Service (IRS) website provides access to several relevant publications and forms (PDF) that can be helpful to donors. Publication 526: Charitable Contributions address contributions of property, insubstantial benefits (e.g., newsletters, free parking, free admission), fair market value, unrelated use, appraisals and bargain sales.
Publication 1771: Substantiation and Disclosure Requirements
The Internal Revenue Service (IRS) website provides access to several relevant publications and forms (PDF) that can be helpful to both institutions and donors. Publication 1771: Charitable Contributions-Substantiation and Disclosure Requirements helps explain, in layman’s terms, the federal tax law for organizations that receive tax-deductible charitable contributions and for taxpayers who make contributions.