A recent issue that has been losing in Tax Court are charitable donations exceeding $250.00 where donors have failed to obtain a letter confirming donation from the charity. If you file your taxes AND THEN GET A LETTER DATED AFTER THE FILING DATE, it will NOT count and will be considered too late. So remember especially during this time of year, if you donate more than $250.00 GET A LETTER FROM THE CHARITY if you are planning to use on your taxes. The following link from the IRS explains what is needed…
Don’t let this keep you from giving! Just be sure you have all the necessary paperwork!
The Darlings