CPAacademy.org | CHARITABLE NON-MONETARY CONTRIBUTIONS: HELP CLIENTS

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Charitable Non-Monetary Contributions: Help Clients Maximize Deductions

Taxes

CHARITABLE NON-MONETARY CONTRIBUTIONS: HELP CLIENTS MAXIMIZE DEDUCTIONS

Cost Free

CPE Credits 1.0 hour

Subject Area 1.0 - Taxes (Federal Tax)

CE Credits 1.0 hour

Course Id# - HURS9-T-00452-19-O

Course Level Basic

Instructional Method Group Internet Based

Prerequisites None

Advanced Preparation None

Who Should Attend CPA - small firm
CPA - medium firm
CPA - large firm
Enrolled Agent
Other

Series: Taxes

Course Description

We will review IRS requirements for donations of non-monetary contributions and how to obtain IRS qualified appraisals by a qualified appraiser. Many CPAs rarely see an 8283 for non-monetary contributions. We will discuss current law under TCJA and ways clients can take advantage of tax deductions while helping the environment and nonprofit organizations. The course will include tax requirements for both individual and corporate tax payers.

Learning Objectives:

Review IRS requirements for non-monetary (personal property) charitable contributions including changes in TCJA.

Define and discuss IRS requirements for Qualified Appraisals from Qualified Appraisers.

Guidance for tax planning strategies for individual and corporate tax payers to consider donation of materials and personal property as well as a discussion of tax deduction potential for both classes of tax payers.

Learn how CPAs and tax professionals can help clients to take this valuable deduction with proper documentation ensuring IRS compliance.

Jessica I. Marschall, CPA

Green Donation Consultants
Chief Executive Officer
jessica@grndonation.com
(540) 684-6662

Jessica I. Marschall, CPA, member of AICPA and VSCPA, is a powerhouse leader that works double-time as the owner of her own CPA firm and as the Green Donation Consultants CEO. With an undergrad from the University of Virginia and an MS in Accounting from the University of Wisconsin-Milwaukee, Jessica’s extensive experience includes work in public accounting and internal auditing. She has co-authored many accounting research university publications and is an adjunct tax and accounting professor.

Diane Scarbrough

Green Donation Consultants
Vice President of Production
diane@grndonation.com
(800) 870-3965

Diane Scarbrough, ISA Member, was previously a Certified Residential Appraiser and has over 14 years of experience as an appraiser. After previously working as a Real Estate Appraiser for 8 years, she returned in 2013 to undergo extensive training to learn personal property appraisals. She has completed personal property appraisal courses, classes, lectures, and webinars from the International Society of Appraisers, the Appraisers Association of America, the American Society of Appraisers, and continues to further her education within the field.

Additional Materials

General FAQs

Tax FAQs

Hotel Case Study

Appraisal

Webinar Technical FAQs

Frequently Asked Questions

To receive CPE credit, you must register for the webinar before it starts.
CPE is available to all eligible participants within 24 hours of each webinar.
To receive CPE for multiple attendees, at least one person must sign up for the webinar. The post-webinar email contains a link to instructions for the proctor letter. Alternatively, you may log in to your account following the webinar and click on the MY ACCOUNT button to find a link to instructions. For paid courses, payment needs to be made for each attendee before credit will be issued.

Handout Materials

Presentation Slides

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EA Approved

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About Our Presenter

Green Donation Consultants turns costly demolition projects into eco-friendly tax benefits through the donation of used building materials and furniture to non-profit organizations across the country.