Close-up of the IRS building sign.

Massachusetts Lawyers Weekly quotes Jon Barooshian in “Carriage of Justice”

Massachusetts Lawyers Weekly published the article “Carriage of Justice,” which details the legal battle between the IRS and a client of Jon Barooshian and Matt Morris. The client, a Nantucket resident, purchased a parcel on the island and, in order to build his dream home, needed to raze two structures on the lot. He donated one of the structures, a carriage house, to a local Nantucket nonprofit. After the client claimed a tax deduction for the donation, the IRS challenged the deduction for lack of “donative intent.” The brief article details the widespread misconception that a donation of property to a 501(c)(3) charity will automatically be treated by the IRS as having requisite donative intent.

Read the full “Carriage of Justice” article.

Categorized: Real Estate, Taxes

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