Sunday, December 14, 2014

Tip 73: Donate unneeded items and save money on taxes

Tip 73: Donate unneeded items and save money on taxes

Goodwill Industries and organizations like it are a great place to donate used items.  They take almost anything and give you a receipt that you can use for a tax deduction to save money on your taxes.  Goodwill sells some of the items in their store and they process other items into materials that can be sold.  They also have employment training programs.
If you have unneeded items you want to get rid of and could use a tax deduction, load up your car and head to Goodwill.  I usually sell some of my more valuable items at consignment stores and take the rest to Goodwill.

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