Question: A client wants to take a very large deduction for artwork that she donated to the charity. The deduction offsets significance income generated to a

A client wants to take a very large deduction for artwork that she donated to the charity. The deduction offsets significance income generated to a new business venture. This client has not made a charitable deduction in the past five years. What should you do>

- Reduce the amount claimed to avoid IRS scrutiny

- request to review the required documentation supporting the valuation of the artwork and receipt by the charity

- nothing, you are not obligated to audit the clients records

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