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Amber’s Home and Office Organizing Blog index

Getting the most out of Charity Donations

A big part of organizing is getting rid of stuff. Most stuff ends up at not for profit organizations like Salvation Army, Goodwill, or local thrift shops. You want to make sure you get the biggest tax deduction possible. This website has provided a simple easy way to do just that.  http://www.mfyuc.com/index.asp. This company sells a booklet called “MONEY - For Your Used Clothing”. It provides the taxpayer with certified valuations for over 700 clothing and household items commonly donated to charity - and all in accordance with the New IRS guidelines. (each year an updated booklet is released) .If you itemize your deductions on your annual income tax return, you will save hundreds of dollars by using this book! This book explains six simple steps for documenting donations and tells how to receive a tax windfall without waiting to file a tax return.   

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