GO SPURS GO
Lip Gloss....check
Mojo...1,2 check
GO
SPURS
Go
Beat The Mavs!!!
GO SPURS GO
Kori -
how are we doing the Breast Cancer Research Donations? To you and then you donate?
If so I can send to your paypal on friday.
FYI...If you want the tax deduction then you need to make the donation directly to The Susan G. Komen Foundation yourself.
I think the min. for the tax deduction is $400 in a single donation. ???
I'm not ms. moneybags so I won't be donating $400
maybe I'm wrong about that amount....
Not in a single donation. Every donation counts. Save all your receipts. Heck even write checks when you donate at church. It all adds up at the end of the year. Our accountant even told us to take a picture of everything before we send stuff to Goodwill or Salvation Army. Then attach it to the donation receipt. The IRS has a list of what each item is worth. You would be amazed how fast things add up. I go through the house about every one or two months.
holy crap that is a good idea.. i never thought to take a picture.....
For those interseted in making a donation online, here is the link to the San Antonio Affiliate Susan B. Komen Breast Cancer Fondation...
http://www.sakomen.org
If you want to make a donation to the local affiliate in your communinty type in your zipcode in the "In My Community" section on this webpage...
http://www.komen.org/intradoc-cgi/id...AGE&nodeId=298
Obi,
The following is from the IRS website. It's portion on cash contributions. below it I have posted the link to the entire charitable contribution publication.
Cash Contributions
Cash contributions include those paid by cash, check, credit card, or payroll deduction. They also include your out-of-pocket expenses when donating your services.
For a contribution made in cash, the records you must keep depend on whether the contribution is:
-Less than $250, or
-$250 or more.
Amount of contribution. In figuring whether your contribution is $250 or more, do not combine separate contributions. For example, if you gave your church $25 each week, your weekly payments do not have to be combined. Each payment is a separate contribution.
If contributions are made by payroll deduction, the deduction from each paycheck is treated as a separate contribution.
If you made a payment that is partly for goods and services, as described earlier under Contributions From Which You Benefit, your contribution is the amount of the payment that is more than the value of the goods and services.
Contributions of Less Than $250
For each cash contribution that is less than $250, you must keep one of the following.
-A canceled check, or a legible and readable account statement that shows:
-If payment was by check — the check number, amount, date posted, and to whom paid,
-If payment was by electronic funds transfer — the amount, date posted, and to whom paid, or
-If payment was charged to a credit card — the amount, transaction date, and to whom paid.
-A receipt (or a letter or other written communication) from the charitable organization showing the name of the organization, the date of the contribution, and the amount of the contribution.
-Other reliable written records that include the information described in (2). Records may be considered reliable if they were made at or near the time of the contribution, were regularly kept by you, or if, in the case of small donations, you have buttons, emblems, or other tokens, that are regularly given to persons making small cash contributions.
Car expenses. If you claim expenses directly related to use of your car in giving services to a qualified organization, you must keep reliable written records of your expenses. Whether your records are considered reliable depends on all the facts and cir stances. Generally, they may be considered reliable if you made them regularly and at or near the time you had the expenses.
Your records must show the name of the organization you were serving and the date each time you used your car for a charitable purpose. If you use the standard mileage rate, your records must show the miles you drove your car for the charitable purpose. If you deduct your actual expenses, your records must show the costs of operating the car that are directly related to a charitable purpose.
See Car expenses under Out-of-Pocket Expenses in Giving Services, earlier, for the expenses you can deduct.
Contributions of $250 or More
You can claim a deduction for a contribution of $250 or more only if you have an acknowledgement of your contribution from the qualified organization or certain payroll deduction records.
If you made more than one contribution of $250 or more, you must have either a separate acknowledgement for each or one acknowledgement that shows your total contributions.
Acknowledgement. The acknowledgement must meet these tests.
It must be written.
It must include:
-The amount of cash you contributed,
-Whether the qualified organization gave you any goods or services as a result of your contribution (other than certain token items and membership benefits), and
-A description and good faith estimate of the value of any goods or services described in (b). If the only benefit you received was an intangible religious benefit (such as admission to a religious ceremony) that generally is not sold in a commercial transaction outside the donative context, the acknowledgement must say so and does not need to describe or estimate the value of the benefit.
You must get it on or before the earlier of:
-The date you file your return for the year you make the contribution, or
-The due date, including extensions, for filing the return.
Payroll deductions. If you make a contribution by payroll deduction, you do not need an acknowledgement from the qualified organization. But if your employer deducted $250 or more from a single paycheck, you must keep:
A pay stub, Form W-2, or other do ent furnished by your employer that proves the amount withheld, and
A pledge card or other do ent from the qualified organization that states the organization does not provide goods or services in return for any contribution made to it by payroll deduction.
Out-of-pocket expenses. If you render services to a qualified organization and have unreimbursed out-of-pocket expenses related to those services, you can satisfy the written acknowledgement requirement just discussed if:
-You have adequate records to prove the amount of the expenses, and by the required date, you get an acknowledgement from the qualified organization that contains:
-A description of the services you provided,
-A statement of whether or not the organization provided you any goods or services to reimburse you for the expenses you incurred,
-A description and a good faith estimate of the value of any goods or services (other than intangible religious benefits) provided to reimburse you, and
-A statement of any intangible religious benefits provided to you.
http://www.irs.gov/publications/p526/ar02.html#d0e611
We do the same thing, minus the picture. We make a list of the items and the values we assign to each item. (You are allowed to value stuff like that yourself). And you're right...that stuff adds up. Of course it's a pain in the butt for me at the end of the year filling out the proper form...
Here is a valuation guide that is published by the Salvation Army just to be used as a guidline for valuing what you have donated. That's why pictures are good if you want to claim the high end of the valuation.
http://www.satruck.com/ValueGuide.asp
Awesome, thanks for the link!
So you gals going to submit the bravatar pictures for tax deductions?
Speaking of bravatars, since the season's over I hope they're not coming down?If they are Old School Chic needs to send me hers.
I'm going to just do my donation individually.
There were 20-25 bravatar girls. So I'll make my donation 25 x $10 = $250.
Everyone should just donate whatever they can, be it a dollar or a hundred.
Thanks to all the females who participated. It was a lot of fun bonding together and raising money with all of you.
Speaking of bravatars, since the season's over I hope they're not coming down?
I put it away until next season...
Well, at least it's safe to scan ST at work again!
I'm afraid to try. They might depreciate mine due to age....So you gals going to submit the bravatar pictures for tax deductions?
More likely you'd get a nice credit for excessive rounding up.I'm afraid to try. They might depreciate mine due to age....
I told Beckie last night that all the forum men should be put on suicide watch. First the spurs and now the bravitars.
angel is still hanging in there to keep the flame going!
That would be a big NEGATIVE...yours are lovely...You are like a fine wine, you keep getting tastier...er, um better...yeah better... that's it!!!I'm afraid to try. They might depreciate mine due to age....
Hey Shoog....one last time...just for you...angel is still hanging in there to keep the flame going!
Just remember..my eyes are up here
<------- and they are Blue/Grey....FYI
And your new avatar in its own way is as nice as the bravatars.
(hint, hint to those of you who have gone back to lame-o avatars)
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