Brian Brown, an executive at a manufacturing enterprise, comes to you on September $1,2023,$ for tax advice. He has agreed to donate a small tract of land to the local community college $($a public charity$).$ The value of the land has been appraised at $$58,000.$ Mr$.$ Brown purchased the land $18$ months ago for $$50,000.$ He also made cash contributions to various public charities during $2023$ that totaled $$8,000.$ His estimated AGI for $2023$ is $$100,000.$ He plans to retire next year so his estimated AGI will fall to $$35,000$ per year. He does not anticipate public charity cash donations to exceed $$2,500$ per year once he retires, nor does he anticipate any noncash contributions. He knows there are special rules regarding charitable donations but doesn$$t understand how they work or how they are deductible. Prepare a memo to Mr$.$ Brown explaining the tax ramifications of his charitable contributions in $2023$ and upon his retirement. Be certain to include in your memo how charitable contributions are a part of itemized deductions as well.