An appellate court in Colorado has affirmed the denial of real estate tax exemption for a child care center operated by a charitable hospital. The Court has ruled that it does not qualify under the state criteria for day care centers and is not a charitable enterprise.
The Internal Revenue Service has decided that tax-exempt organizations filing Form 990 or Form 990-EZ tax information returns other than 501(c)(3) public charities will no longer have to file a Schedule B listing their significant donors. (Rev. Proc. 2018-38.)
The Pennsylvania Commonwealth Court has refused to grant real estate tax exemption to another Section 202 housing for the elderly project. The result is not surprising. The case is interesting because of the grasping-at-straws arguments the taxpayer made to try to come within the state requirement to “donate or render gratuitously a substantial part of its services.”
A receipt for charitable contributions that includes an amount written in by the donor and not the charitable recipient does not satisfy the substantiation requirements to justify a charitable contribution deduction, the Tax Court has held recently. It has denied claimed deductions of about $8800 for contributions allegedly made to the Islamic Society of East Bay-San Francisco in 2007 and 2008.
The Court has also denied deductions for various claimed business expenses and imposed additional penalty taxes.
