May 12, 2005 | Read Time: 1 minute
The Tax Law of Charitable Giving, Third Edition
by Bruce R. Hopkins
As the amount of money raised by charities has grown, the body of law governing those contributions has grown as well. This book surveys and explains the laws that affect gifts to charity.
Bruce Hopkins, a lawyer in Kansas City, Mo., who has been writing on nonprofit law for more than three decades, opens his book with an overview of the U.S. tax system. He describes how the law defines income, deductions, property, and other terms applicable to charitable giving.
The book is divided into five other sections that examine the fundamental concepts of charitable-giving law; considerations like timing and percentage limitations that affect donations; planned giving; contributing to international organizations; and administering charitable-giving programs.
Mr. Hopkins has updated this volume with descriptions of legislation adopted since the book’s second edition was released in 2000. This new edition takes into account laws like the Economic Growth and Tax Relief Reconciliation Act of 2001, the Victims of Terrorism Tax Relief Act of 2001, and the American Jobs Creation Act of 2004.
Appendices include an explanation of the different sections of the Internal Revenue Code and sample tax filings.
Publisher: John Wiley & Sons, 111 River Street, Hoboken, N.J. 07030; (877) 762-2974; http://www.wiley.com; 722 pages; $195; ISBN 0-471-68697-2.
