Category: Quickbooks Tips

Recordkeeping for Charitable Contributions

Published on: September 1, 2015 By: Oozle Media

You must keep records to prove the amount of any cash and noncash contributions you make during the year. Which records you must keep depends on the amount you contribute and whether they are cash or property contributions. New recordkeeping requirements were established for all contributions made after January 1, 2007. You cannot deduct a…

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