As part of the recently signed pension bill, the Treasury Department and Internal Revenue Service will have to better define what constitutes "good" condition for donations of clothing or household items.
The Internal Revenue Service can deny deductions donated items such as furniture, appliances, linens, or electronics if the items aren't in appropriate condition.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access