This section of the Internal Revenue Code outlines documentation requirements for charitable deductions over certain thresholds. It requires an appraisal for deductions over $5,000, and an appraisal from a qualified appraiser for deductions over $500,000. It defines qualified appraisals and qualified appraisers. Special rules are provided for pass-through entities like partnerships and S corporations.
The draft Companies (Registered Valuers and Valuation) Rules, 2017 have been
placed on the Ministry’s website www.mca.gov.in for suggestions/ comments.
Suggestions/ comments on the draft rules along with justifications in brief may be
sent latest by 27/06/2017 through email at comments_rv@mca.gov.in
Objectives & Agenda :
To understand the relevance of Form 3CEB - the purpose and rationale for which the form is used and the content of certification in the said form. The webinar shall additionally cover the practical issues in relation to the certification and filing and guidance note issued by Institute of Chartered Accountants of India ("ICAI") to assist the professionals while undertaking the certification. Furthermore, we shall touch upon few suggestions for the assessee as well as the professionals and the manner of certification in other countries.
Tier 1 of Regulation A+ provides an exemption for
securities offerings of up to $20 million in a 12-
month period while Tier 2 provides an exemption
for securities offerings of up to $50 million in a 12-
month period. An issuer of $20 million or less of
securities in its offering can elect to proceed under
either Tier 1 or Tier 2.
Planning to Avoid the New Medicare Tax & Other 2013 Tax IncreasesBruce Givner
Information on all of the new tax increases for 2013, including the new Medicare tax, and how it will affect you!
For more information, please visit us at www.givnerkaye.com
SEBI Registrars to an Issue and Share Transfer Agents RegistrationCorpseed
An application by a registrar to an issue or a share transfer agent for grant of a certificate of registration shall be made to the Board in Form A. An application for registration made under sub-regulation.
The following Presentation enumerates the various provisions w.r.t. ITC, how it can be used,eligibilty and conditions for claiming ITC along with various case studies and illustrations. further, it elaborates the concept of input service distributor.
Well, here is a draft of the memorandum which summarizes my thoughts on where we are with Circular 230 and the inconsistent privileges which seem to have given to the EA's under circumstances that are no longer warranted. Why consider what I have to say..well I am sure someone is brighter than I am and could do better, the point is they haven't
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
On October 23, 2023, The Piedmont Environmental Council hosted a community meeting in Upperville, VA on data centers and associated energy infrastructure. The presentation, given by The Piedmont Environmental Council President Chris Miller, is available to view and download.
The presentation focused on transmission line proposals released by PJM Interconnection on September 5, 2023 and the underlying cause: data center demand growth in Virginia. The presentation was followed by a Q&A with PEC staff, along with leaders from Citizens for Fauquier County, Protect Fauquier and The Coalition to Protect Prince William County.
Sources of information in presentation:
PEC’s Interactive Transmission Line Map: https://www.pecva.org/transmissionmap
PJM: https://www.pjm.com/
Slide 20: https://www.vedp.org/industry/data-centers
Slide 29: https://penntoday.upenn.edu/news/hidden-costs-ai-impending-energy-and-resource-strain
Slide 30: https://rga.lis.virginia.gov/Published/2021/SD17
Slide 37: https://www.virginiamercury.com/2023/05/03/dominion-projects-new-gas-plants-advanced-nuclear-will-be-needed-to-meet-soaring-demand/
Slide 38: https://cdn-dominionenergy-prd-001.azureedge.net/-/media/pdfs/global/company/2023-va-integrated-resource-plan.pdf
Slide 41: https://www.virginiamercury.com/2023/02/02/are-virginia-ratepayers-and-residents-subsidizing-the-data-center-industry/
This presentation was given by Tee Clarkson with First Earth 2030 and the Rappahannock River Roundtable at The Piedmont Environmental Council's Sources of Conservation Funding Workshop on July 20, 2023.
The draft Companies (Registered Valuers and Valuation) Rules, 2017 have been
placed on the Ministry’s website www.mca.gov.in for suggestions/ comments.
Suggestions/ comments on the draft rules along with justifications in brief may be
sent latest by 27/06/2017 through email at comments_rv@mca.gov.in
Objectives & Agenda :
To understand the relevance of Form 3CEB - the purpose and rationale for which the form is used and the content of certification in the said form. The webinar shall additionally cover the practical issues in relation to the certification and filing and guidance note issued by Institute of Chartered Accountants of India ("ICAI") to assist the professionals while undertaking the certification. Furthermore, we shall touch upon few suggestions for the assessee as well as the professionals and the manner of certification in other countries.
Tier 1 of Regulation A+ provides an exemption for
securities offerings of up to $20 million in a 12-
month period while Tier 2 provides an exemption
for securities offerings of up to $50 million in a 12-
month period. An issuer of $20 million or less of
securities in its offering can elect to proceed under
either Tier 1 or Tier 2.
Planning to Avoid the New Medicare Tax & Other 2013 Tax IncreasesBruce Givner
Information on all of the new tax increases for 2013, including the new Medicare tax, and how it will affect you!
For more information, please visit us at www.givnerkaye.com
SEBI Registrars to an Issue and Share Transfer Agents RegistrationCorpseed
An application by a registrar to an issue or a share transfer agent for grant of a certificate of registration shall be made to the Board in Form A. An application for registration made under sub-regulation.
The following Presentation enumerates the various provisions w.r.t. ITC, how it can be used,eligibilty and conditions for claiming ITC along with various case studies and illustrations. further, it elaborates the concept of input service distributor.
Well, here is a draft of the memorandum which summarizes my thoughts on where we are with Circular 230 and the inconsistent privileges which seem to have given to the EA's under circumstances that are no longer warranted. Why consider what I have to say..well I am sure someone is brighter than I am and could do better, the point is they haven't
This session provides a comprehensive overview of the latest updates to the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (commonly known as the Uniform Guidance) outlined in the 2 CFR 200.
With a focus on the 2024 revisions issued by the Office of Management and Budget (OMB), participants will gain insight into the key changes affecting federal grant recipients. The session will delve into critical regulatory updates, providing attendees with the knowledge and tools necessary to navigate and comply with the evolving landscape of federal grant management.
Learning Objectives:
- Understand the rationale behind the 2024 updates to the Uniform Guidance outlined in 2 CFR 200, and their implications for federal grant recipients.
- Identify the key changes and revisions introduced by the Office of Management and Budget (OMB) in the 2024 edition of 2 CFR 200.
- Gain proficiency in applying the updated regulations to ensure compliance with federal grant requirements and avoid potential audit findings.
- Develop strategies for effectively implementing the new guidelines within the grant management processes of their respective organizations, fostering efficiency and accountability in federal grant administration.
On October 23, 2023, The Piedmont Environmental Council hosted a community meeting in Upperville, VA on data centers and associated energy infrastructure. The presentation, given by The Piedmont Environmental Council President Chris Miller, is available to view and download.
The presentation focused on transmission line proposals released by PJM Interconnection on September 5, 2023 and the underlying cause: data center demand growth in Virginia. The presentation was followed by a Q&A with PEC staff, along with leaders from Citizens for Fauquier County, Protect Fauquier and The Coalition to Protect Prince William County.
Sources of information in presentation:
PEC’s Interactive Transmission Line Map: https://www.pecva.org/transmissionmap
PJM: https://www.pjm.com/
Slide 20: https://www.vedp.org/industry/data-centers
Slide 29: https://penntoday.upenn.edu/news/hidden-costs-ai-impending-energy-and-resource-strain
Slide 30: https://rga.lis.virginia.gov/Published/2021/SD17
Slide 37: https://www.virginiamercury.com/2023/05/03/dominion-projects-new-gas-plants-advanced-nuclear-will-be-needed-to-meet-soaring-demand/
Slide 38: https://cdn-dominionenergy-prd-001.azureedge.net/-/media/pdfs/global/company/2023-va-integrated-resource-plan.pdf
Slide 41: https://www.virginiamercury.com/2023/02/02/are-virginia-ratepayers-and-residents-subsidizing-the-data-center-industry/
This presentation was given by Tee Clarkson with First Earth 2030 and the Rappahannock River Roundtable at The Piedmont Environmental Council's Sources of Conservation Funding Workshop on July 20, 2023.
This presentation was given by Dean Dodson with Fauquier County at The Piedmont Environmental Council's Sources of Conservation Funding Workshop on July 20, 2023.
This presentation was given by PEC Conservation Field Representative Laura O'Brien at The Piedmont Environmental Council's Sources of Conservation Funding Workshop on July 20, 2023.
This presentation was given by October Greenfield, PEC's Wildlife Habitat Restoration Coordinator, at The Piedmont Environmental Council's Sources of Conservation Funding Workshop on July 20, 2023.
This presentation was given by Casey Iames, District Conservationist for Fauquier, Prince William, Loudoun and Fairfax counties, at The Piedmont Environmental Council's Sources of Conservation Funding Workshop on July 20, 2023.
This presentation was given by JMSWCD District Manager Melissa Allen at The Piedmont Environmental Council's Sources of Conservation Funding Workshop on July 20, 2023.
This presentation was given at The Piedmont Environmental Council's 2023 Annual Meeting on June 10 in Loudoun County, VA.
Workshop description:
The Virginia Clean Economy Act of 2020 mandates that Dominion produce 100% of its energy from renewable sources by the year 2045. Understanding the importance of this goal and addressing the climate challenges before us, PEC staff will share how our work encourages policies, zoning, and individual actions that help reduce power demand and emissions, capture and sequester carbon in our forests and soils, and promote distributed renewable energy options. To add to the challenge, the proliferation of high energy use data centers is shifting the goalpost and making the VCEA goals all that much more difficult to meet. While the growth of data centers within the major data center hub of northern Virginia continues at a fast pace, communities throughout Virginia are now starting to see more proposals for data centers.
On March 28, 2023, Julie Bolthouse of The Piedmont Environmental Council gave this presentation about the power usage of data centers and the potential air quality variance proposed by the Virginia Department of Environmental Quality to allow data center backup diesel generators to run more frequently.
The Piedmont Environmental Council is a 501c3 nonprofit organization that is active in nine counties and one city in the Virginia Piedmont: Albemarle, Charlottesville, Clarke, Culpeper, Fauquier, Greene, Madison, Loudoun, Orange and Rappahannock. PEC's mission is to promote and protect the natural resources, rural economy, history and beauty of the Virginia Piedmont. Learn more at https://pecva.org
One winner from each of our four categories will be selected by popular vote at pecva.org/photovote. Voting will remain open until Monday, November 23, 2020.
On September 29, Piedmont Environmental Council President, Chris Miller, and field staff held an online conversation about the current challenges and opportunities facing communities in Loudoun County, VA.
On September 11, Piedmont Environmental Council President, Chris Miller, and field staff held an online conversation about the current challenges and opportunities facing communities in Clarke County, VA.
View the slidedeck from The Piedmont Environmental Council and Local Energy Alliance Program's Solarize Webinar on August 18, 2020. Find out more about rooftop and ground mount solar options for your home, farm or business.
On August 11, Piedmont Environmental Council President, Chris Miller, and field staff held an online conversation about the current challenges and opportunities facing communities in Fauquier County.
June 26, 2020 -- PEC seeks to secure contracted professional engineering services to complete (1) a Geotechnical Report and (2) a Final Design for fish-friendly and flood-resilient structures to replace culverts at ONLY the Piney River (VA Rt. 653) pilot project site in Rappahannock County, VA.
On June 25, Piedmont Environmental Council President, Chris Miller, and field staff held an online conversation about the current challenges and opportunities facing communities in Madison and Orange counties.
While the Covid-19 pandemic continues to cause a great deal of uncertainty in our lives, a great deal of conservation work is still being done at the local level.
On June 23, Piedmont Environmental Council President, Chris Miller, and field staff held an online conversation about the current challenges and opportunities facing communities in the Albemarle and Charlottesville area.
While the Covid-19 pandemic continues to cause a great deal of uncertainty in our lives, a great deal of conservation work is still being done at the local level.
Local Update for PEC Supporters in Charlottesville & Albemarle County
Appendix c
1. Appendix
C
1
Appendix
C
Internal
Revenue
Code
§
170(f)(11)
IRC
§
170
Charitable,
etc.,
contributions
and
gifts.
.
.
.
(f)
Disallowance
of
deduction
in
certain
cases
and
special
rules.
.
.
.
(11)
Qualified
appraisal
and
other
documentation
for
certain
contributions.
(A)
In
general.
(i)
Denial
of
deduction.
In
the
case
of
an
individual,
partnership,
or
corporation,
no
deduction
shall
be
allowed
under
subsection
(a)
for
any
contribution
of
property
for
which
a
deduction
of
more
than
$500
is
claimed
unless
such
person
meets
the
requirements
of
subparagraphs
(B),
(C),
and
(D),
as
the
case
may
be,
with
respect
to
such
contribution.
(ii)
Exceptions.
(I)
Readily
valued
property.
Subparagraphs
(C)
and
(D)
shall
not
apply
to
cash,
property
described
in
subsection
(e)(1)(B)(iii)
or
section
1221(a)(1),
publicly
traded
securities
(as
defined
in
section
6050L(a)(2)(B)),
and
any
qualified
vehicle
described
in
paragraph
(12)(A)(ii)
for
which
an
acknowledgement
under
paragraph
(12)(B)(iii)
is
provided.
(II)
Reasonable
cause.
Clause
(i)
shall
not
apply
if
it
is
shown
that
the
failure
to
meet
such
requirements
is
due
to
reasonable
cause
and
not
to
willful
neglect.
(B)
Property
description
for
contributions
of
more
than
$500.
In
the
case
of
contributions
of
property
for
which
a
deduction
of
more
than
$500
is
claimed,
the
requirements
of
this
subparagraph
are
met
if
the
individual,
partnership
or
corporation
includes
with
the
return
for
the
taxable
year
in
which
the
contribution
is
made
a
description
of
such
property
and
such
other
information
as
the
Secretary
may
require.
The
requirements
of
this
subparagraph
shall
not
apply
to
a
C
corporation
which
is
not
a
personal
service
corporation
or
a
closely
held
C
corporation.
(C)
Qualified
appraisal
for
contributions
of
more
than
$5,000.
In
the
case
of
contributions
of
property
for
which
a
deduction
of
more
than
$5,000
is
claimed,
2. Appendix
C
2
the
requirements
of
this
subparagraph
are
met
if
the
individual,
partnership,
or
corporation
obtains
a
qualified
appraisal
of
such
property
and
attaches
to
the
return
for
the
taxable
year
in
which
such
contribution
is
made
such
information
regarding
such
property
and
such
appraisal
as
the
Secretary
may
require.
(D)
Substantiation
for
contributions
of
more
than
$500,000.
In
the
case
of
contributions
of
property
for
which
a
deduction
of
more
than
$500,000
is
claimed,
the
requirements
of
this
subparagraph
are
met
if
the
individual,
partnership,
or
corporation
attaches
to
the
return
for
the
taxable
year
a
qualified
appraisal
of
such
property.
(E)
Qualified
appraisal
and
appraiser.
For
purposes
of
this
paragraph-‐
(i)
Qualified
appraisal.
The
term
‘qualified
appraisal‘
means,
with
respect
to
any
property,
an
appraisal
of
such
property
which-‐
(I)
is
treated
for
purposes
of
this
paragraph
as
a
qualified
appraisal
under
regulations
or
other
guidance
prescribed
by
the
Secretary,
and
(II)
is
conducted
by
a
qualified
appraiser
in
accordance
with
generally
accepted
appraisal
standards
and
any
regulations
or
other
guidance
prescribed
under
subclause
(I).
(ii)
Qualified
appraiser.
Except
as
provided
in
clause
(iii),
the
term
‘qualified
appraiser‘
means
an
individual
who-‐
(I)
has
earned
an
appraisal
designation
from
a
recognized
professional
appraiser
organization
or
has
otherwise
met
minimum
education
and
experience
requirements
set
forth
in
regulations
prescribed
by
the
Secretary,
(II)
regularly
performs
appraisals
for
which
the
individual
receives
compensation,
and
(III)
meets
such
other
requirements
as
may
be
prescribed
by
the
Secretary
in
regulations
or
other
guidance.
(iii)
Specific
appraisals.
An
individual
shall
not
be
treated
as
a
qualified
appraiser
with
respect
to
any
specific
appraisal
unless-‐
(I)
the
individual
demonstrates
verifiable
education
and
experience
in
valuing
the
type
of
property
subject
to
the
appraisal,
and
(II)
the
individual
has
not
been
prohibited
from
practicing
before
the
Internal
Revenue
Service
by
the
Secretary
under
section
330(c)
of
title
31,
United
States
Code,
at
any
time
during
the
3-‐
year
period
ending
on
the
date
of
the
appraisal.
(F)
Aggregation
of
similar
items
of
property.
For
purposes
of
determining
3. Appendix
C
3
thresholds
under
this
paragraph,
property
and
all
similar
items
of
property
donated
to
1
or
more
donees
shall
be
treated
as
1
property.
(G)
Special
rule
for
pass-‐thru
entities.
In
the
case
of
a
partnership
or
S
corporation,
this
paragraph
shall
be
applied
at
the
entity
level,
except
that
the
deduction
shall
be
denied
at
the
partner
or
shareholder
level.
(H)
Regulations.
The
Secretary
may
prescribe
such
regulations
as
may
be
necessary
or
appropriate
to
carry
out
the
purposes
of
this
paragraph,
including
regulations
that
may
provide
that
some
or
all
of
the
requirements
of
this
paragraph
do
not
apply
in
appropriate
cases.