If your donations entitle you to merchandise, goods or services, you can only deduct the amount exceeding the fair market value of the benefits you received.

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They can deduct the amount that exceeds the fair market value of what they get.

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It includes outright gifts and charitable donations, sales of assets for less than fair market value (which constitute a transfer of the amount by which compensation received falls short of asset value), and forgiveness of debt.

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While nobody but the fast-money crowd enjoys a range-bound market, the fact that there is still a fair amount of uncertainty on any number of topics appears to be keeping the indices from straying too far in either direction at the present time.

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Bank of America and Wells Fargo have done a fair amount of ESOP lending, Rosen says, noting that the market is otherwise pretty dispersed.

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The market was not soley focused on domestic issues although the end of QE2 did cause a fair amount of worry.

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Despite the implementation of mark-to-market accounting rules, LPs are understandably skeptical of interim valuations, which they believe leave GPs a fair amount of room for subjective judgment.

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