Federal taxation 2012

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Search the Internet for at least four (4) stories about major charitable contributions by individuals, including Bill Gates, Warren Buffett, Steve Jobs, and at least one (1) other individual. Be mindful that you are not researching foundations, such as the Bill and Melinda Gates Foundation for this assignment.

Write a 3-4 page paper in which you:

1. For each article, determine the appropriateness of the charitable contribution based on IRS tax rules.

2. For each article, discuss the tax issues related to the contributions.

3. Determine what the ethical considerations in this situation might be and their impact on future charitable contributions.

4. As a tax expert, discuss whether or not you would advise the taxpayer to make charitable contributions in the future.

Reference no: EM1364532

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