You’re happy to donate that unwanted vehicle or appliance to charity but what happens now? What are the IRS guidelines and rules for claiming charitable donations, and how can you ensure you are in compliance? This guide answers FAQs about donations at fundraisers or to charitable organizations.
A garage sale is different than a rummage sale. Don’t leave your patrons to rummage because chances are they won’t. Well planned, well placed and well priced are just a few of the secrets to making more money.
For many people, a lemonade stand is their first real attempt at making money. But a lemonade stand with wifi…now that’s interesting! Read on for some creative ideas to help make your lemonade stand a success.
Donating items to charity is often a way to declutter the home. However, the receipt is an important tax document that must have the proper verbiage dictated by the IRS. Here are the items that must be in a donation receipt and even how to document motor vehicle donations properly.
Cheese, knights, funny languages, corsets, jousts, and lots of ale - do you know where I’m going with this list? Setting aside all jokes, hosting a Renaissance faire fundraiser can be a great way to make money for your organization. Learn about putting together this event, where to do it, and more.
If you receive donations for a charity you operate, use these helpful tips and sample letters to write your correspondence. These samples of thank you letters for donations contain information you should include for your donors to benefit from tax deductible gifts.
If you have an automobile that you are not using or can do without, it may be a good idea to give it to a tax deductible charity or nonprofit organization that can put it to good use. So, let’s look at charities which accept automobile donations and find out how to contact them.
Many times over the holidays we are asked to consider donations to specific families in our communities. These adopt a family charitable donations may not be tax deductible if they are provided directly to families. There are ways to ensure that they are tax deductible within the rules of the IRS.
Cooperative yard sales can be a highly productive and lucrative way for groups of people to sell their stuff as other people’s treasures. With so many individuals involved in the yard sale, it is imperative to get organized and stay organized from the beginning to the end.
Consider donating your gently used or older belongings to Goodwill as a way to give back to your community. In addition to helping those that are less fortunate, you can also get a tax deduction for your contributions.