Charitable Giving Information

Donations From Walmart

Question: Are there peddler’s at your local Walmart?

Every Saturday it seems like there are at the one in my town. They set up shop at both main entrances. Sometimes it’s guys wearing funny hats, some kid selling candy bars, or some guy claiming he’s taking donations for the military. I find it to be a nuisance. I just wanna get some chimichangas and some Ben and Jerry’s. I wonder if I can call them to see if they can put a stop to this.

Answer: Wonder no longer - of course you can call them and ask them to put a stop to it. Find the number on their web site and tell them what you think. Or next time you are there, ask a guard if they have permission to be there. Walmart may allow charities to conduct sales at the entrance to provide assistance to those charities. But if they don't have approval, they could be immediately removed.

Walmart Donations at Jeff CityStore Opening

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Tax Planning Manual

Question: False Advertising; did I get ripped off?

I recently purchased a treadmill on Craigslist and I was told that the treadmill was only ‘a couple years old.’ Also, I was told the seller paid $1300 said years ago. I originally offered $400, with a listed price of $600 obo, but seeing as it had hardly been used and was only ‘a couple’ years old, I was willing to pay the $460 she bargained back with. Once I had it home I was reading the owners manual she included…and the original Bill of Sale fell out. It listed that she herself only paid $1094.99 shipping/tax included; it also said that she purchased it in 2003, double the amount of time ago she had advertised. Am I out the money with no possible repercussions or would I be able to make a claim in court? I don’t necessarily plan on taking it that far should I be able to, I just want her to know I’m serious about getting back the extra money I offered because it was advertised as a late model.

Answer: You know, a really good pair of running shoes is maybe $90 - and you get to go outside. Treadmills are clothes dryers waiting to happen.

Rhonda Abrams

Charitable Trust Laws

Question: How to start Charitable trust to help poors and disabled?

I would like to start a small charitable trust in future to help poor and disabled. What is the rules in our country? From where(which website) i can get information regarding these laws and guideline in India. Anbody can help me?

Answer: try to make a good and a big 10 to 15 members a community take a site or rent house try to help the the poor by teaching giving food and clothing in that house

Preparing a Shariah Compliant Will Part 2

Charitable Giving Forms

Question: Income Tax Question – Form 8283 Charitable Deductions (noncash)?

I need a little help. I’ve been told 2 different things, so I need to confirm which is correct.

I use Turbo Tax to do my taxes. I usually have non-cash contributions of over $ 1000 each year, costing about $ 75-200 for each. I get a copy of the receipt that Goodwill gives me and keep it with each donation. I use Its Deductible to plan how much to deduct for each item. Turbotax then fills out Form 8283 because the total of all my contributions is over $500.

*** Here’s the problem: My mother told me her tax person said that you can’t claim non-cash donations each year over $ 500 unless they give you an appraisal. **** Isn’t that just if an INDIVIDUAL item is worth over $ 500?? Not if you give away, say… Goodwill 2-10-07 $ 201.00, Goodwill 3-4-07 $ 122.00, Goodwill 8-14-07 $ 175.00, Goodwill 11-1-07 $ 98.00 ???

Any help from a CPA or someone who does tax preparation would be really appreciated.

Thanks!!

Answer: You can only deduct what the items may sell for. For donations to Goodwill or similar charities, that's typically between 10¢ and 20¢ on the dollar of the new price of the items at best. If challenged at audit, you must be able to provide a detailed inventory of all items donated and the individual values of the items.

The rules on non-cash donations are complex. See IRS Pub 526 http://www.irs.gov/pub/irs-pdf/p526.pdf for general guidelines on charitable donations and IRS Pub 561 http://www.irs.gov/pub/irs-pdf/p561.pdf for more detailed information on establishing the value of donated property.

Planned Parenthood 'Registers' in Haiti and Other Places

Charitable Giving Republican Democrat

Question: Why do Rich Blue state people need government to take care of them, but people in Poorer Red States, don’t?

Could it be because People in Red states are more charitable and take care of those who need help, without being forced by government to do it?

This is the case. It’s a statistical fact that Republicans and Independents give far more than Democrats, while making on average substantially less money. And in my observation make their money by producing, while the Blue state thing tends to be more parasitic in nature on average. Blue voters definitely do more parasitic activity on average, especially lawyers, and Unions who use leverage not of market force to unnaturally raise their pay for doing less work. Note, I said on average.

Answer: On average as you say, Blue Stater's are in a culture of parasitism, as you also say. They only know where money comes from to them so they can get it, but they really don't understand the nuts and bolts of production of wealth, or the cause and effect of creating a nation that creates more wealth so that everyone can have more of it.

To the Blue staters on average more than the red staters, much more, government is a tool to be manipulated into bringing them more wealth or paying their bills. They really don't get the concept of carefully caring for and inspiring the goose that lays the golden egg, which is production of wealth that should be incentivized, so there is more of it around.

Dirty politicians use this Blue state philosophy based on a lack of understanding about the cause and effect, to get them to vote for that which will bring them political power. They also degrade and erode the countries economy and upset the golden goose, but they don't care, they get more all at once from killing the golden goose, then they have theirs as the rest of the country goes down.

STOP US Govt. Taxing Non-Profits! Elect Frank Mazzapica US Congress