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Author: TMFTaxes Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121219  
Subject: Re: Book on Charitable Contributions Date: 12/11/1997 4:02 PM
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<<Can anyone fill in the blanks?

I have looked at Amazon, B&N, even called my local bookstore. I cannot seem to find a book like
this. All I have been able to find are CPA texts - for $150.

We donate a fair amount of stuff and really haven't bothered with deducting it. Would like to start
doing so!>>

Well, I certainly can't fill in the blanks for CERTAIN. You might want to check back with the newspaper/publication to see the article again. You local library might have back issues.

But I CAN tell you what I use, and what I believe that IRS may use in certain circumstances: Client Valuation Services.

William R. Lewis (no relation - DRAT!!), the founder of CVS is an accountant who has complied a database listing FMVs for thousands of items commonly given to charity. Mr. Lewis claims to provide documentation supporting his valuations should you get audited on this issue.

Previously, this information was only available in book form, but is now available on line for a $15 fee. It might pay for itself easily, especially if you make large "in-kind" charitable contributions. Point your web browser to:

http://www.taxsave.com

Hope this helps...
TMF Taxes
Roy
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