Are the donations tax deductible?
If not, then I don't see why the IRS should be involved with them at all.
I agree that it is a big step away from transparency and a bad thing, but I don't know why the IRS was the enforcer for non tax deductible contributions in the first place.
--
At night, the ice weasels come.
Complete thread:
- OT: And now this ... -
Mark,
2018-07-17, 14:39
- The timing seems really suspicious. -
oviedoirish,
2018-07-18, 04:51
- Exactly ... - Mark, 2018-07-18, 08:21
- Are the donations tax deductible? -
Jeff (BGS),
2018-07-17, 17:53
- Your question doesn't make any sense to me ... -
Mark,
2018-07-17, 23:45
- I'm probably wrong -
Jeff (BGS),
2018-07-18, 05:52
- How is this out of the tax code? -
Mark,
2018-07-18, 06:09
- Isn't it a nondeductible donation to a untaxed entity? - Jeff (BGS), 2018-07-18, 10:30
- Slight nit: the annual exclusion is now $15,000 -
Grantland,
2018-07-18, 06:28
- Thanks -
Mark,
2018-07-18, 08:07
- No worries. It is indexed for inflation but can only go up - Grantland, 2018-07-18, 09:50
- Thanks -
Mark,
2018-07-18, 08:07
- How is this out of the tax code? -
Mark,
2018-07-18, 06:09
- I'm probably wrong -
Jeff (BGS),
2018-07-18, 05:52
- Your question doesn't make any sense to me ... -
Mark,
2018-07-17, 23:45
- The timing seems really suspicious. -
oviedoirish,
2018-07-18, 04:51