Friday, January 22, 2010

Charitable Giving Through Texting

With the recent earthquakes in Haiti, a new form of making donations has come to the forefront - donations via cell-phone texting.

For those of you that itemize your deductions and claim charitable giving as one of your deductions, be aware that the IRS still requires you to keep documentation of your contributions.

Here is a link to an article titled "The Trouble With Texting Donations" from Smart Money that looks at this issue.

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