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IRS Announces Tax Relief for Leave Donations to Aid Victims of the Further Russian Invasion of Ukraine

ThomsonReuters

Under a leave-based donation program, an employer may permit its employees to give up their vacation, sick, or personal leave in exchange for cash payments by the employer to charitable organizations. see our Checkpoint article ), this notice addresses both tax issues. Like similar recent guidance (e.g.,

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IRS Extends Tax Relief for Leave Donations Aiding Victims of COVID-19 Pandemic

ThomsonReuters

Under a leave-based donation program, an employer may permit its employees to give up their vacation, sick, or personal leave in exchange for cash payments by the employer to charitable organizations. IRS Notice 2020-46 offered relief from both tax issues, but only for donations made before January 1, 2021 (see our Checkpoint article ).

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