Customer Service: 800-778-7436     

To access your product click the Log In link at the top right of the screen. Once inside your account, you will be able to access your Packages, Self-Study Product, and Webinar Registrations.

Sign In to Your Surgent Account

Forgot Username or Password | Register for an Account

Individual Charitable Planning: Philanthropy for Income Tax Return Reporting (ICP2)

Choose CPE Format:

Live Webinar SELECT STARTING AT $99 (6 dates)

Credits: 2

Qualifies For: IRS CPE

Instructor(s): Treacy Riiska

$99

Choose a Webinar Date

(All Times Eastern)

Please choose a Webinar date

Buy Now
NO HASSLE REFUNDS & TRANSFERS
EASY CANCELLATIONS
Reviews Not Available.

Interested in bringing this course into your firm?

PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.

Individual Charitable Planning: Philanthropy for Income Tax Return Reporting (ICP2)

  • Customer Rating
    Reviews Not Available.
  • Field of Study
    Taxes
  • Level
    Basic
  • Credits
    2
  • Qualifies for

    IRS CPE

Overview

Many individuals make contributions to religious, educational, scientific, literary, or other 501(c)(3) charities. For the purposes of tax savings, some forms of giving are more tax advantageous than others. Learn the tax implications on various types of donations and the tax strategies to minimize the tax. Gifts of appreciated non-cash assets may involve tax analysis and proactive planning. Learn how to help navigate charitable giving and properly report noncash charitable contributions on Form 8283. Other strategies involving QCDs (qualified charitable distributions) and donor advised funds will also be discussed.

Major Topics:

  • Which organizations are qualified to receive contributions?
  • Types of charitable contributions taxpayers can deduct
  • The deduction for quid pro quo contributions
  • Strategies for donating property that has decreased/increased in value
  • Figuring the deduction for contributions of capital gain property
  • Importance of timing when making contributions
  • Considering QCDs if a taxpayer is at least 70 ½
  • Specifics of donor advised funds
  • Deduction may be limited to 20%, 30%, 50%, or 60% of adjusted gross income depending on type of property donated
  • How to figure your deduction when limits apply
  • Contribution carryovers when your donation exceeds limits
  • What written statements should be received from qualified organizations?
  • What records should taxpayers keep?
  • Substantiation requirements for cash contributions of less than/more than $250
  • Substantiation requirements for noncash contributions of less than $250 to over $500,000
  • When does taxpayer need an appraisal?
  • How and where to report contributions for individual income tax reporting

Learning Objectives

  • Be familiar with the tax implications on various types of donations and the tax strategies to minimize the tax
  • Navigate charitable giving and properly report noncash charitable contributions on Form 8283

Designed for:

Accounting and finance professionals dealing with charitable contribution planning

Prerequisite:

None

Advanced Preparation:

None

Interested in bringing this course into your firm?

PRIVATE WEBINARS AND LIVE ON-SITE COURSES ARE AVAILABLE. LEARN MORE.
loading

Loading...

Loading...

Thank You!

YOU HAVE ADDED THE FOLLOWING TO YOUR CART:

GO BACK
CHECK OUT NOW

Loading...

Thank You!

Thank You! Your request has been submitted.



Get more with an unlimited CPE subscription

Unlimited Plus

     

  • Unlimited access to ALL live CPE webinars, including premium courses

  • Unlimited 24/7 access to on-demand webcasts and self-study PDF courses

  • Includes select gamified CPE courses from Surgent Interactive

  • Access for a year from date of purchase

  • Auto-renew locks in your price for next year (can cancel any time)

  • Does NOT include select+ courses

$899

 BUY NOW 

Unlimited Webinars

  • Unlimited access to all non-premium live CPE webinars

  • Includes 1, 2, 3, 4 and 8 CPE sessions

  • Access for a year from purchase date

  • Auto-renew locks in your price for next year (can cancel any time)

  • Provides online grading & CPE certificates by email

  • Does NOT include Premium courses and select* courses

$749

 BUY NOW 

 


Unlimited Self-Study

  • Unlimited 24/7 access to 250+ downloadable PDF courses

  • Courses range from 1-20 credits

  • Access for a year from date of purchase

  • Auto-renew locks in your price for next year (can cancel any time)

  • Provides online grading & CPE certificates by email

  • Does NOT include Premium courses and select^ courses

$549

 BUY NOW 

 


+Excludes: ETDE, AFTR, ETTX, Certification Courses, and select Surgent Interactive games (MTT2, MTT4, MTT5, MTT6, MTT7, SAU1, SAU2, SAU4, SAU5, SAU6, BDV1, and RPA1)

*Excludes Premium Webinars & Ethics for Delaware (ETDE)

^Excludes: ETDE, ETTX, AFTR, Certificate Courses, and Interactive Games

 

Explore additional courses by topic

  • Accounting and Auditing CPE courses

    Accounting &
    Auditing

  • Business and Industry CPE courses

    Business &
    Industry

  • Ethics CPE courses

    Ethics

  • Financial Planning CPE courses

    Financial
    Planning

  • Fraud and Forensics CPE courses

    Fraud &
    Forensics

  • Government and Non-Profit CPE courses

    Government/
    Non-Profit

  • Personal Development CPE courses

    Personal
    Development

  • Practice Management CPE courses

    Practice
    Management

  • Taxes CPE courses

    Taxes

  • Tech CPE courses

    Tech

 

Qualifies for

CFP CFP® Board-approved CE for Certified Financial Planners


CMA IMA-approved CE for Certified Management Accountants

CPE NASBA-approved CPE for Certified Public Accountants


CTEC California Tax Education Council-approved CE

IRS IRS-approved CE for Enrolled Agents and the AFSP


YB GAO-fulfilling Yellow Book audit requirements

QAS Approval Surgent IRS Approval Surgent CFP Approval Surgent CTEC Approval Surgent
CPE Webinars
CPE Webinars

Thank You!

Thank You! Your subscription has been submitted.