People give to charity because they believe in a cause or an organization and they believe that in some way it will make them or the world better off. Parents give to Stanford University because they hope that a gift will give their child a better chance of being accepted. Whatever the primary reason for [...] Read more »
Charitable Contribution Denied for House Donated to Fire Department
In 1998, Theodore Rolfs and Julia Gallagher decided to demolish their house and build a new one. They donated the house to the local fire department, which burned it down. This saved the couple the expense of hiring a demolition company to tear it down. On their tax returns, Rolfs and Gallagher took a charitable [...] Read more »
