March 12, 2009
Federal Agency Examines How Donors Report Charitable Contributions
The U.S. Government Accountability Office, the investigative arm of Congress, is looking into the "misreporting" of cash contributions to charity by individuals.
In a summary of the study's parameters, the federal agency said that data from the Internal Revenue Service show that "individual taxpayers frequently overstate deductions and make other errors when reporting cash contributions to charities."
'Pros and Cons'
The agency is working to "identify pros and cons of
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