Gonsiorek: Follow donation rules to avoid trouble
Contribution reporting for nonprofits is one of the most complex areas of tax law. I receive more questions with respect to contributions than any other single topic relating to nonprofits. Since it is November and the year is winding down, it is time to talk about contributions as they relate to a most revered stakeholder in any public charity: the donor. This information is important for nonprofit leaders and the donors who support them.