CULVER CITY, CALIFORNIA – JUNE 07: Volunteers participate in a Habitat for Humanity build on June … [+]
As the calendar year winds down, savvy taxpayers are looking for ways to make year-end gifts that can whittle down taxable income and save dollars come tax time. Others are merely seeking good causes to support – even without a tax deduction. Either way, you’re in luck: I’m gearing up for the 12 Days Of Charitable Giving.
As I do every year, I’m accepting nominations for the 12 Days Of Charitable Giving. You can nominate any organization recognized as charitable under section 501(c)(3) of the Tax Code. Examples include schools, libraries, and purely public charities like the American Red Cross.
The charity must be in good standing: check to make sure that tax-exempt status hasn’t lapsed or expired. You can confirm charitable status by using the Internal Revenue Service’s (IRS’) online tool, the Tax Exempt Organization Search (TEOS) (you can find out more here). Additionally, most charities will post evidence of tax-exempt status on their website.
Your nomination should include the name of the charity and what the charity does. Be sure to share why your favorite charity deserves a mention. Anecdotes are great, as are links to stories in the press. Please also link to the organization’s website, Facebook page or YouTube channel: the more information that you can provide, the better.
Send your nomination via email (12days@taxgirl.com) and put “12 Days” in the subject header.
The deadline for submissions is November 30, 2019.
I’ll review the nominations and select one charitable organization to feature for each of 12 days in December – with some tax tips for charitable giving mixed in (of course).
For a little inspiration, here’s the complete 12 Days of Charitable Giving list from 2018: