While charities frequently bestow gifts upon those who make generous donations -- from concert tickets to merchandise -- the IRS is becoming more aggressive in ensuring those gifts are properly accounted for.

"The IRS has become more vigilant in how it polices activity, particularly when the agency sees an opportunity for people and organizations to abuse the rules by being overly aggressive on how they value things," says Michael Repak, vice president and senior estate planner at Janney Montgomery Scott in Philadelphia.

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