All charitable deductions aren’t created equal

Description

Abstract: If a nonprofit wants to keep donors on its side, it needs to explain that different types of donations can carry different tax benefits. And it should make sure that contributors know some donations aren’t deductible at all. This article explains what donors can — and can’t — deduct in regard to cash donations; ordinary income, capital gains and tangible personal property; vehicles; and property use. A sidebar discusses other limits that apply to charitable deductions.