Recently the IRS has tightened up on the document requirements for charitable contributions of personal property. Quite often when we move, there are a lot of things that we do not want to take with us - so it is the ideal situation for a charitable contribution.
One of my clients has a business that can help you maximize that tax deducion:
Did you know . . .
· Most taxpayers undervalue non-cash donations by up to 90%?
· To claim deductions over $500 you need time consuming documentation?
· Those 3 bags of good clothes you claimed for $75 might be worth over $750.
· The 5 boxes of books, CDs, DVDs, and video games you thought were worth $100 might be worth over $500.
· The garage sale you spent 2 days preparing for and 2 days hosting generated $300 - but you might have received a tax deduction worth $2500 or more without all the fuss!
Easy Convenient Surprisingly Rewarding!
DoughNation offers great reasons for people to give the good things they no longer use to the local community.
Since 2002, DoughNation has delivered over $500,000 worth of quality clothing and household goods to Portland and Vancouver nonprofits while generating tax savings of 2 to 3 times the cost of service for its clients !
Visit the website: http://doughnationservices.com/ for more information.