Showing posts with label Charitable Contributions. Show all posts
Showing posts with label Charitable Contributions. Show all posts

Thursday, February 11, 2010

CLAIMING DONATIONS MADE TO HAITI

Have you made a charitable donation to Haiti? Check out the following link to see if you can claim those donations on your 2009 Tax Return.

Ten Facts About Claiming Donations Made to Haiti

Monday, December 28, 2009

MORE ON CHARITABLE CONTRIBUTIONS

Thanks for the information on charitable contributions. My mother has been making some contributions to some weird supposedly child care organization.

How do I find out if this is a legitimate charity?

Opy

Opy, it is good to double check if you are not sure. Not only on the “weird” groups but also on groups that you think would qualify. I recently had a client give money to a local Children’s Workshop only to find that they had not done the paperwork to make them a legitimate tax exempt charity. Not checking cost them the deduction.

Here is how you can check to see if the organization is qualified. As you know, only donations to qualified organizations are tax-deductible. IRS Publication 78, available online and at many public libraries, lists most organizations that are qualified to receive deductible contributions. The searchable online version can be found at IRS.gov under Search for Charities. In addition, churches, synagogues, temples, mosques and government agencies are eligible to receive deductible donations, even if they are not listed in Publication 78.

Larry Kopsa CPA