The Chronicle of Philanthropy
TAX WATCH

IRS Eases Rules for People Who Donate Paid Leave

By Elizabeth Schwinn

Employees who donate the value of their unused paid leave to charity this year or next won't have to pay income taxes on the money, the Internal Revenue Service says in a notice.

Following the terrorist attacks, several employers considered allowing their workers to give up paid vacation, sick leave, or personal time in exchange for the employer's...

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