Helpful Tips

Gift Card Purchases

IRS says that gift card purchase rebates donated to charity are deductible! When a charity sells you gift cards and they keep the profit spread

(usually 5%) you can deduct that spread as a donation to the charity. Donors giving $250 or more still need to have a written acknowledgment from the charity as a back-up source document.

Ten Helpful Tips for Paying Your Taxes

Check it out here: Ten Helpful Tax Paying Tips