The Peck Group, LC
  • Comprehensive Tax Law Representation Since 1995

    We handle every aspect of tax law: preparing tax returns, representing clients during audits, resolving IRS and state tax controversies, and creating tax planning strategies for the future.

  • Problems With The IRS Or State Tax

    Our attorneys are committed to providing efficient and effective tax solutions for individuals and businesses in Georgia and nationwide.

  • Planning For The Future

    Our lawyers help individuals and businesses with all aspects of estate and tax planning. We help our clients use proactive strategies to minimize tax implications in the future

  • Changing The Balance Of Power

    Does it feel like the government has all the power? Taxpayers have rights, too. We use our knowledge of tax law to shift the balance of power and ensure that your rights are protected.

  • Tax Solutions … And Peace Of Mind

Work with experienced legal counsel to address issues with charitable donation deductions

Last time, we mentioned a legislative proposal that would make significant changes to tax law, changes that are very likely to have a significant negative impact on charitable giving. It isn’t clear yet how far the proposal will advance—there are certainly opponents—but if it does, the effects could be widespread, hitting nonprofit organizations hard.

Those who choose to make charitable contributions need to understand, of course, the rules surrounding charitable deductions in order to ensure they comply with the tax code. The general rules surrounding charitable contributions touch upon: the types of organizations to which charitable deductions may be made; the types of contributions taxpayers can deduct; how much can be deducted; the records that must be kept; and how taxpayers are supposed to report charitable contributions.  

Those who make charitable contributions should be sure to take advantage of the ability to deduct when it makes sense to do so. Care should be exercised in documenting charitable gifts and in accurately reporting them to the IRS, though. One of the common grounds for IRS audit is discrepancies in claiming deductions.

Often, when the IRS targets a taxpayer for a discrepancy related to deductions for charitable gifts, the matter can be cleared up relatively easily. When major mistakes are made, though, a taxpayer can end up owing the IRS in penalty fees and interest. Working with experienced legal counsel in these situations ensures a taxpayer’s rights are protected and that he or she has the best possible opportunity to resolve the case in a favorable way. 

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The Peck Group, LC
5855 Sandy Springs Circle N.E., Suite 190
Atlanta, GA 30328

Phone: 770-884-6914
Fax: 770-933-2369
Atlanta Office Location

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