A Priceless Mistake: How Faulty Appraisals Can Undermine Charitable Tax Deductions

A recent US Tax Court case (WT Art P’ship LP v. Commissioner, T.C. Memo. 2025-30) illustrates how failing to comply with the technical requirements for substantiating the value of charitable contributions can jeopardize a taxpayer’s charitable deduction....
By: Farrell Fritz, P.C.

Array