Archive for June, 2009
Charitable Giving Tax Deduction
Question: Tax Deduction: Charitable Mileage Deduction?
I’m wondering if I can deduct the mileage I drive to church when I give an offering?
Answer: You can not claim the mileage that you go to and from church. You can claim the mileage for bus calling, deacons meeting , hospital calls or to do work on the church. You can claim the mileage for the times that you were not going for personal reasons such as worship services.
Christine- EA Master Tax Adviser Check out my profile
**This advice was prepared based on our understanding of the tax law in effect at the time it was written as it applies to the facts that you have provided.
Get Tax Deductions for Holiday Donations -TurboTax
Charitable Trust Financial Statements
As the telemarketing age continues to grow, more and more companies and businesses sell or advertise their products and services through telephone marketing. Many of these companies are legitimate and they do this approach either by calling the prospective consumers or advertising their products and services to a number of consumers to call them. Charities even use telemarketing. The bad news is, telemarketing is not only used today by legitimate companies and charities. Most of those who solicit consumers by phone are fraudulent telemarketers. They rob people through their expertise in the so-called sales talk everyday with the telephone as their weapon.
Statistics show that there has been a growing number in cases of telemarketing fraud. Last year, 2005, it was revealed by the National Fraud Information Center that the top ten telemarketing frauds include prizes or sweepstakes, scholarships and grants, magazine sales, credit card offers, face check scams, advance fee loans, lotteries, work at home plans, phishing, and travel or vacation scams. Of these mentioned telemarketing frauds, the scholarships or grants scams top the list.
Now lets take a look at the common definition of telemarketing fraud. According to some experts, the term telemarketing fraud refers generally to any scheme to defraud. In telemarketing fraud scheme, the persons carrying out the scheme employ the telephone as their primary means of communicating to their prospective targets. They tend work with their telemarketing fraudulent scheme to persuade people to send money to their scheme. Usually, when these telemarketing fraudulent companies solicit people to buy their products and services, to donate funds to charitable causes, or to invest money, the telemarketing fraud operation typically employs a number of false and misleading statements. In addition to this, most telemarketing fraudulent operations even use representations and promises just to trap their unfortunate victims.
There is one particular telemarketing fraudulent tactic commonly used by most telemarketing fraud companies, the so-called reloading. Reloading is actually a term that refers to fraudulent telemarketers practice of re-contacting victims after their initial transactions with the telemarketer. This term also refers to the telemarketing fraudulent operation in which the fraudulent telemarketers solicit their re-contacted victims for additional payments. Perhaps one concrete example of this telemarketing fraudulent operation is the prize-promotion scheme, in which victims are often told that they are now eligible for even higher levels and values of prizes for which they must pay additional fees or taxes.
Today, although many consumers apparently find it difficult to believe that there are telemarketing fraudulent people who will contact them on the phone and lie and misrepresent facts just to obtain their money, the sad reality is that at any given time, there are at least several hundred telemarketing fraudulent operations. Some of these telemarketing fraudulent operations employ as many as several dozen people. Much worse is that not only the individual consumers are victims of telemarketing fraud. Businesses, from large corporations to small Mom and Pop stores are targets for a variety of telemarketing fraudulent schemes as well.
With the rapid growth of telemarketing fraud, perhaps the best way that people can do to avoid telemarketing frauds is to do business with companies they only know and trust. People should also understand the offer, check all the bills and invoices carefully, guard their financial or other account information, and educate their employees about avoiding telemarketing fraud.
About the Author:
T. J. Madigan has been established in online business since 1998 and is director of a number of successful online projects. For more information on Marketing you can view a selection of articles about business related issues at Articles.net.au – your source for free Articles, Information and Website Content.
Bernie Madoff Statement Before Getting Slammed With 150 Yr Sentence
Best Charities In The World
Question: Can you tell me all of the charities and orgaizations that are either in the USA or around the world?
They can be awareness charities or organizations where you can donate different items.
Answer: There are 1.5 million charities in the United States alone! They are all listed at www.guidestar.org if you want to check them out.
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Year End Tax Planning Guide
Question: Why are you voting for McCain?
He was a Vietnam War Hero. Will he be able to guide us through an end to the War in Iraq? Can he track down Osama Bin Laden and bring closure to the War on Terrorism? Can he stimulate the economy by lowering taxes for small businesses and corporations? Can he provide incentives to keep jobs in the USA instead of outsourcing jobs out of the country? Does he have any plans for affordable health care for all Americans? Does he have a plan to provide for an increasing population in their retirement years? Why should I vote for a Republican if I am a Democrat?
Answer: If you think about it. Obama is all for change.
That "change" replies to
Change is out of your pockets
You have had a tax cut - now what should you do with it ?
Charitable Giving Tax Deductions
Question: Why doesn’t Obama send a few thousand of his millions to his aunt in Boston & brother in a Nairobi hut?
Obama has accused those who don’t want their taxes to go up in order to spread their wealth according to Obama’s plan as “selfish” yet his released tax returned show very little in charitable deductions. His aunt is poor & here illegally and his brother is impoverished in Africa.
Where is Obama’s generostiy?
There are many ways to give, not just via taxes through the government. In fact, many Americans would rather give money or items to where they can see how it’s used instead of higher taxes going for more government waste.
Answer: Because he doesn't give a *** about anyone but himself.
Obama on Charitable Deductions