If you haven't started to donate for this next year!!! Start now! We write off so much every year with just the items that we don't use anymore. Old bikes, clothes, pool and beach supplies, dishes, etc.
We don't know how long we will be able to get credit for donations, so give yourself a head start and start donating. My favorites are...St. Vincent DePaul, Salvation Army, The Red, White and Blue Store, and of course The Light of Life Rescue Mission.
Thursday, April 15, 2010
Tuesday, January 5, 2010
Tax Deduction....
Donate, donate, donate!
We had a fire nearly 10 years ago and since that time I have been a little more educated on what do I really need to keep. When you loose everything, it becomes very clear how much you don't need!
Somehow you acquire more than you need and so, since my children are both young adults now, I have a system where I donate everything that I haven't used in 6 months. That means, clothes, dishes, furniture, small appliances, etc. I take them to a local resale shop that gives its profits to the homeless. I get a tax receipt and over the last 5 years, we have written off thousands of dollars of donations.
One of the best parts about my new hobby is that I have more space, lots more space. I don't have clutter! I have downsized and feel great about it.
Get a system that works for you and stick to it.
I have a bag that I keep open for donations and as I see something that I don't use anymore...it goes straight into the bag. When the bag gets full, I take everything out, write it down on a piece of paper and then put the bag in my car and stop on my way home from work. When I drop it off, I get a tax receipt and then staple the receipt to my list. When tax time comes you won't believe how much you can write off of your bottom line. It's a beautiful thing!
Happy donating!
We had a fire nearly 10 years ago and since that time I have been a little more educated on what do I really need to keep. When you loose everything, it becomes very clear how much you don't need!
Somehow you acquire more than you need and so, since my children are both young adults now, I have a system where I donate everything that I haven't used in 6 months. That means, clothes, dishes, furniture, small appliances, etc. I take them to a local resale shop that gives its profits to the homeless. I get a tax receipt and over the last 5 years, we have written off thousands of dollars of donations.
One of the best parts about my new hobby is that I have more space, lots more space. I don't have clutter! I have downsized and feel great about it.
Get a system that works for you and stick to it.
I have a bag that I keep open for donations and as I see something that I don't use anymore...it goes straight into the bag. When the bag gets full, I take everything out, write it down on a piece of paper and then put the bag in my car and stop on my way home from work. When I drop it off, I get a tax receipt and then staple the receipt to my list. When tax time comes you won't believe how much you can write off of your bottom line. It's a beautiful thing!
Happy donating!
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