Thursday, December 23, 2010

December 23 - Giving Gives Back

Here is another GREAT way to help for FREE!  Take a minute to read today's post and help make a difference. TurboTax, the tax filing-software company, is really getting into the holiday spirit this year! They are giving away $100,000 to charities of consumers’ choosing on Facebook. TurboTax is promoting charitable giving at the end of each year to remind people that they can secure last minute tax savings by giving to charity. This year, TurboTax has launched "Giving Gives Back" on Facebook and is making a $5 donation in consumers’ names to causes ranging from emergency preparedness to lending a helping hand to America’s youth.



You can donate to your favorite by “Liking” TurboTax on Facebook and selecting the charity you would like to receive a 5. donation from TurboTax.  Causes include American Red Cross, American Cancer Society, Feeding America, Boys and Girls Clubs of America and Goodwill.




Through Dec. 31, 2010, TurboTax will donate up to $100,000 to a selection of charities on behalf of consumers.  Simply visit the TurboTax Facebook Page or givinggivesback.com to find out how you can have TurboTax donate $5 to a charity on your behalf.


Tis’ the season for spreading holiday cheer. Not only will charitable contributions help those in need, in many cases, it can boost your tax refund as well.


“There are a number of ways to save money and give back. Charitable donations made before Dec. 31 can be an easy way to lower your tax bill and give back to the community,” said Bob Meighan, CPA and vice president of TurboTax.


Tips for Making Giving Give Back:

· Think about it: Consider the types of charities you want to give to. What really moves you and makes you want to give?

· Make it count: Before you open your wallet, open your browser. A quick search will help you pick an organization that is eligible to receive tax-deductible charitable contributions so that your contributions count.

· Act fast: Dec. 31, 2010 is the deadline for making charitable contributions count on this year’s tax return.

· Don’t forget the little stuff: Some out-of-pocket expenses like parking, supplies and mileage driven to and from volunteering at a qualifying charity are deductible.

· Keep documentation: Make sure to keep receipts for both cash and in-kind charitable donations. Every receipt should include the charity name, date, amount of your donation and the resale value of any items you may have received for your contribution.








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Source:  http://www.givinggivesback.com/

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