Hutchinson and Bloodgood LLP’s Post

If you're planning to donate shares of a private business to charity this year, it's important to obtain a formal #businessvaluation. The IRS scrutinizes large charitable #contributions claimed on individual returns, and valuing private businesses can be complicated. Qualified donations can help lower your taxable income as well as support worthwhile causes. But not all donations are deductible. https://lnkd.in/g8gr7NmY

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