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<p>[QUOTE="Bakersgma, post: 7869, member: 59"]Oh dear. I wouldn't really recommend trying to take a 50% deduction in today's tax environment. I was referring to what was allowable back in the 90's, before the IRS got wise to the excessive nature of letting the taxpayer decide how much donated items were worth to the non-profit (up to a certain point value-wise no appraisal or charity statement of what was realized was required.) They've changed those rules significantly. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie13" alt=":angelic:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Bakersgma, post: 7869, member: 59"]Oh dear. I wouldn't really recommend trying to take a 50% deduction in today's tax environment. I was referring to what was allowable back in the 90's, before the IRS got wise to the excessive nature of letting the taxpayer decide how much donated items were worth to the non-profit (up to a certain point value-wise no appraisal or charity statement of what was realized was required.) They've changed those rules significantly. :angelic:[/QUOTE]
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