August 11, 2022
A Texas federal court declined to revisit its determination that a couple aren't entitled to a nearly $1.3 million deduction for a donation of partnership interest, finding again that the paperwork backing the tax claim was lacking.
July 07, 2022
A Texas couple aren't entitled to a nearly $1.3 million deduction for a donation of partnership interest to a nonprofit organization because their paperwork backing up the contribution was insufficient, a federal judge ruled.
December 08, 2021
A couple claiming a $1.2 million charitable deduction should be denied a refund because a doctrine saying tax can't be escaped by reassigning income applies to their partnership interest donation, the U.S. government told a Texas federal court.
July 01, 2020
A Texas couple are entitled to a nearly $1.3 million charitable deduction for their partner interest donation, they told a federal court, arguing that the Internal Revenue Service wasn't justified in rejecting the deduction based on missing appraisal information.