There is a not-to-miss, detailed article by Stephanie Strom on the front page of tomorrow’s NY Times “Arts & Leisure” section, about the fractional gifts controversy.
The good news is that a technical amendment is likely to address the mismatch problem, most clearly elucidated in The Art Law Blog.
The shocker is that Sen. Charles Grassley may be going on a broader fishing expedition against one of the most outspoken opponents of the tax-law changes to fractional giving, the Museum of Modern Art.