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#1
01-19-2015, 02:23 PM
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Re: This charity thing
"But who establishes the value of the goods received?"
When you're dealing with the IRS - It's best to have a certified appraiser provide the value in writing. The IRS can still argue, but you will generally avoid penalties if you take the donation credit based on a certified, appraised value. 
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#2
01-19-2015, 02:28 PM
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Re: This charity thing
Would there not be a capital gsin/loss issue with all these cars sold?
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