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Taxation & Estate Planning

: TaxProf Blog

Tax Court Denies Charitable Deduction for Home Demolished by Fire Department in Training Exercise

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The Tax Court yesterday held that held a married couple could not claim a charitable contribution deduction for a house that they donated to a local fire department for training purposes because they failed to prove that the fair market value of the house exceeded the benefit they received by...

Full post as published by TaxProf Blog on November 05, 2010 (boomark / email).

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