Do you plan to travel while doing charity work this summer? Some travel expenses may help lower your taxes if you itemize deductions when you file next year. Here are five tax tips the IRS wants you to know about travel while serving a charity.
To learn more see Publication 526, Charitable Contributions. The booklet is available at IRS.gov or by calling 800-TAX-FORM (800-829-3676).
Save digital copies of receipts for charity work and other deductible expenses with TaxACT DocVault, a free mobile app for Apple and Android devices. At tax time, import your DocVault images in to TaxACT Deluxe to save with your tax return. Download DocVault free now.
Additional IRS Resources:
IRS YouTube Videos:
November 10 (Employees who work for tips)
If you received $20 or more in tips during October, report them to your employer - Details
November 11 (Everyone)
Federal Holiday (Veterans Day) - Details
November 27 (Everyone)
Federal Holiday (Thanksgiving Day) - Details