Tax Warrior Chronicles

How to Host Tax Deductible Parties Benefitting Charitable Organizations

Posted on Thu, Apr 04, 2019

By: Rosalind W. Sutch, CPA, MT


Passionately supporting a charitable organization can be personally rewarding.  How you provide the support can be as simple as writing a check or as complex as throwing a charitable event in your home.  The former is easy to document and track for tax purposes, the latter is a bit more involved, but can have a significant impact for the charity benefactor.  Keep reading for the dos and don’ts of how to party with purpose and get a valuable tax deduction.

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Is Your Bag of Clothes Really Worth $500? - Documenting Noncash Donations

Posted on Tue, Oct 24, 2017

By: Adele Kilgus, CPA


If you’ve ever felt unsure about your noncash donations, how much you can deduct, or what type of supporting documentation you need, keep reading. This blog will help you understand your responsibilities for substantiation of noncash donations, and if your bag of clothes is really worth $500.

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IRS Unveils New 1023-EZ Form for 501(c)(3) Small Tax-Exempts

Posted on Mon, Jul 07, 2014

Starting a tax-exempt charitable organization is a process riddled with paperwork and headaches (mostly caused by the amount of paperwork). Multi-page documents from the federal and state levels make the journey to tax-exempt status burdensome and, in some cases, a barrier to completion. This is especially true for smaller organizations that, until recently, had to fill out the same staggering amount of paperwork as larger, multi-million dollar tax-exempt organizations.  Eliminating some of this paperwork will allow the people behind these organizations to more quickly begin to fulfill their charitable missions.

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