Finally, IRS recognizes deductibility of gifts to single member LLCs

After many years of confusion and refusal to rule, the IRS has said that it will recognize the deductibility of a charitable contribution to a single member limited liability company in which the sole member is a U.S. charity. (Notice 2012-52.)

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Finally, IRS recognizes deductibility of gifts to single member LLCs

Finally, IRS recognizes deductibility of gifts to single member LLCs