Which of the following is unnecessary to allow an accrual-method corporation to deduct charitable contributions before actually paying the contribution to charity?
A) Approval of the payment from the board of directors.
B) Approval from the IRS prior to making the contribution.
C) Payment made within two and one-half months of the tax year end.
D) All of these are necessary.

Question

Quizplus · Accepted Answer

Prior IRS approval is not required.

Which of the Following Is Unnecessary to Allow an Accrual-Method