Taxpayers planning to make noncash charitable contributions may face more stringent reporting requirements or IRS enforcement in the future if the IRS follows recent recommendations made by the Treasury Inspector General for Tax Administration (TIGTA). TIGTA’s new audit report stated that many taxpayers, especially when higher amounts are involved, have not properly substantiated the donations that they deduct. The report covered the 2010 tax year, and included several recommendations for IRS officials, which could lead to increased IRS policing of this important compliance area. Click here to read the full article.