Donate Charity Items For Tax Savings

As an Accountant, I recommend that every month people work to gather their excess or unused items and donate it to a legit 503b non-profit charity (i.e. Goodwill Industries, St. Vincent dePaul, local churches, etc.). The benefits are tremendous! Think of it as a monthly job to gather and inventory goods around the house.

You will be able to save a great deal on your taxes, if you itemize. If you don't itemize, give your donation to family members or friends. Sometimes items will reap you more benefits on your taxes then the small amount that you gain at a tag sale. Keep itemized lists.

We as a country have an abundance to give. Give to really help those in need. Life is about giving!

By xoxo from Plainview, NY