The Tax Court denied an art collector and dealer’s claimed charitable deduction for donated artwork because, it held, the taxpayer lacked reasonable cause for his failure to properly substantiate the ...

Forbes contributors publish independent expert analyses and insights. Matthew F. Erskine is a trusts and estates attorney. Charitable giving often involves the donation of non-cash items, whether art, ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Lea Uradu, J.D., is a Maryland state registered tax ...

For information about Conrad Teitell's publications and lectures visit: taxwisegiving.com. For information about Cummings & Lockwood visit: cl-law.com. Now’s a good time to tell your clients how to ...