Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Sunday, January 28, 2007

Pass The Plate - And Rule Book For Contributions

The PPA of 2006 modifies record-keeping requirements for cash, check or other monetary gifts to charity

HOW MUCH? Regardless of the contribution amount, you must maintain reliable written records to claim a charitable donation beginning with gifts made during and after January 2007.

GOOD RECORDS? The old rules required records only for contributions of $250 or more. To fulfill record-keeping requirements, a written communication from the charity must contain he name of the group, the date of the contribution, and the amount.

Richmond Times Dispatch


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