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Technical

Charitable Donations of Food Inventory

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Christopher W. Hesse, CPA | Free | AICPA | 21 Jul 2016 | Tax Insider

Deductions
Intermediate
Article

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A recent change in the law makes it easier for taxpayers to claim charitable deductions for food products donated to charity. This article summarizes the regulations including the use of donated food, limitations on the deductions, and the opportunities.

Topics covered:

Tax: Technical: Individual income taxation : Deductions, Intermediate
Tax: Technical: C corporation income taxation : Deductions, Intermediate

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Technical

Charitable Donations of Food Inventory

Comments/Reflections

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