Stop donating your cash. Write a check instead.
Posted by
Clever Dude
|
January 18, 2007 .
New IRS tax rules for 2007, which took effect Jan. 1, forbid tax deductions for charitable donations unless you can prove the donation through receipts or other official financial records.
However, don’t let that scare you away from donating. If you donate cash with a church envelope, then the church should be tracking your donations and issuing you a receipt each year. That is a valid receipt.
The moral: Donate through one of the following methods:
- Use your church envelope if you get them
- Pay with an online check
- Get your church to sign up with Faith Direct for EFT withdrawals
- Pay with a regular old paper check
Happy Giving!
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- Check Usage Decline
- Stop buying junk!
- The check has been sent! About 8 months till we pay off $15,000
Posted under
Finances & Money |
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Clever Dude and his bride started with $500k in debt and in just 4 years, it's down to $300k!
Stop donations to all organizations period
All are liars cheats and thief
Personal donations to the known good
teacher might be worth it.