It's a typical scene: you've cleaned out a closet or your garage
and have a box full of items you no longer want. You'd rather donate
your used clothing to charity than send it to the landfill.
When you itemize, you know you can deduct the value of the items
you donate to charity on your tax return. If you overstate the value,
you risk an audit, penalties and interest. If you under-estimate,
you pay more taxes than you should. So, how on earth do you determine
the value or your used clothing donations?
"MONEY - For Your Used Clothing" provides the taxpayer
with certified valuations for over 1,200 clothing and household
items commonly donated to charity - and all in accordance
with the New IRS guidelines. If you itemize your
deductions on your annual income tax return, you will save
hundreds of dollars by using this book! This book explains
six simple steps for documenting donations and tells how to receive
a tax windfall without waiting to file a tax return.
quick - It's easy - It's guaranteed!
Booklet Can Do For You!
Saves you hundreds of dollars on your income
taxes by using certified used clothing values.
Follows the new IRS guidelines for assigning
values to clothing and household items you
donate to charity.
Helps you avoid interest and penalties associated
with overstating the value of donations.
Offers one convenient place to record information regarding
your cash and non-cash donations to charity during the
Benefits charities by encouraging people