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IRS Eyes Charitable Donation Abuse in New Audits, Tax Pros Say

Summary by bloombergtax.com
The IRS is opening new audits with an eye toward asset donations with inflated values from art to medical devices, coming after a tumultuous year of workforce cuts and leadership changes at the agency.
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bloombergtax.combloombergtax.com

IRS Eyes Charitable Donation Abuse in New Audits, Tax Pros Say

The IRS is opening new audits with an eye toward asset donations with inflated values from art to medical devices, coming after a tumultuous year of workforce cuts and leadership changes at the agency.

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bloombergtax.com broke the news on Monday, July 20, 2026.
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