February 26, 2009 | Read Time: 1 minute
NEW BOOKS
Charitable Giving: Taxation, Planning, and Strategies, Second Edition, Volumes 1 and 2
by Richard L. Fox
These two volumes, written by Richard L. Fox, a lawyer in Philadelphia, provide a review and analysis of all tax laws related to charitable giving, including recent legislative changes.
The work covers laws such as the American Jobs Creation Act of 2004, which placed limitations on the deductibility of contributions of vehicles and of patents and other intellectual property, and the Pension Protection Act of 2006, which increased taxpayer penalties for overvaluing donated property, and, according to Mr. Fox, made “sweeping changes to the rules applicable to donor-advised funds and supporting organizations.”
The book also covers estate, gift, and generation-skipping wealth transfers; charitable tax deductions for estates and trusts; planned gifts; and rules about starting, running, and dissolving a private family foundation.
An appendix includes sample forms and agreements related to charitable giving, and those who purchase the book will receive semiannual supplements and quarterly bulletins on new trends or changes in the tax rules on charitable gifts.
Publisher: Thomson Reuters, 3 Times Square, New York, N.Y. 10036; (646) 223-4000; http://www.thomsonreuters.com; 1,987 pages; $785; ISBN Volume 1, 978-0-7913-6794-0, Volume 2, 978-0-7913-6937-1.
