Birdwatch Note Rating
2024-04-10 09:44:10 UTC - HELPFUL
Rated by Participant: 549AB635D3DC14CCB11EE73915B6FEA1B00DB51102C275B2DEC6E3A5A0A67317
Participant Details
Original Note:
Appraisals don’t work like that, and can be challenged by the IRS. https://www.journalofaccountancy.com/issues/2010/jul/20092096.html The deduction limit for charitable contributions is max 60%, so millionaires will still have to pay some taxes. https://www.irs.gov/publications/p526#:~:text=Your%20deduction%20for%20charitable%20contributions,or%2050%25%20limits%20may%20apply.
All Note Details