It’s almost that time again… Tax Season! We want to make sure that you are taking advantage of all the tax deductions that are available to you when you are traveling for charity. There are a few things that you want to make sure you are doing to make sure the deductions qualify.
A few tips to remember are:
- Make sure the Charity qualifies by the IRS standards
- Ask the Charity about their status before you donate
- Know what Out-of-Pocket Expenses are deductible
- Recognize the travel expenses that are deductible and not deductible – some types of travel are NOT deductible