Feeding America 2016 Food Donation Tax Law Changes
This preliminary summary of the 2016 changes to food donation tax incentives describes the impact that the Protecting American Taxpayers and Homeowners (PATH) Act will have on Feeding America donors. Highlights from the summary include information regarding the charitable contribution percentage increase for donated foods, allowing farmers to consider a percentage of the fair market value of the donated food as the cost to produce the food and a permanent extension for C Corporations. Click below to read the summary.
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