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Tax filing for you gifts

Start by asking yourself when you would know your donation is deductible. To know when your donations or contribution are deductible, you need to take the incentive and ask the organization directly if your contribution is tax deductible. More popularly, under federal income tax laws, all or at least part of your charitable donation may be deductible, or it may not be deductible as well at all under certain circumstances. Moreover, please note that if a group tells you it is “tax exempt,” that does not immediately mean your contribution is tax deductible. Tax exempt is something that simply means that organization does not have to pay federal income taxes. You should contact your local IRS office or the organization directly if you are not sure about an organization’s tax status or the tax deductibility of contributions. Now from your mailing list, while there is still no known or proven foolproof way of eliminating your name from all mailing lists due to advanced technology, there are some simple steps you can take to cut down on the amount of charitable solicitations that you may usually receive.
You can actually write or telephone the organization directly and file a request that your name be removed from its mailing list. One thing to remember is that you cannot simply return the mailing you received with a written note, something like saying “please do not send future solicitations and emails to me,” because most charities use non profit postal rates that cover one way delivery only. In turn, you must add additional postage or the letter will not be returned to the charity, and your name will then not be removed from the charity’s mailing list, putting all your efforts to waste. Now, when you decide to make a donation, please do not forget to include a note to the organization requesting that your name should not be rented or sold to other organizations, because this may happen. If you have contributed to a certain charitable organization in the past, your name is more likely placed on a something called a donor list. Then, your name will be exchanged or sold to other nonprofit organizations who are interested in sending their appeals to known donors, or to direct mail marketers.

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