This week we look at two recent Tax Court cases that dealt with contributions to charity and the values of the items donated. In one case, the item donated was a car while in the other case it was a monastery.
In both cases, actual sales of the property in question made the courts seriously question the taxpayer's appraisal--and eventually made the court decide against the taxpayer.
Materials for this podcast are available from this link. Please download those to use while listening to the podcast itself.