For decades now, clients will drag out the Goodwill tickets, even though they have little or no deductibility in years and years.
Some of these folks really amaze me. Some of them give absolutely no cash to any other charity, and what it amounts to is every spring they clean out their closets and spiffy clothes for the guy and elegant clothes for his trophy wife end up at the Goodwill store.
They have evidence of the gift, aplenty. Tickets with no value on them, of course. And the donors don't have a clue either. But they expect the preparers to put a value on it even though we don't have a clue what they gave, but we are told there are "several bags."
In the Tax Book, there is a long list of items under Schedule A tab. Once I shove this under their eyes, they back off, quit, and leave me alone. Also the $600 deduction for this year has to be cash only. Won't matter - we'll still get the Goodwill tickets anyway.
This is in no way to create criticism on the practices or benevolence associated with Goodwill Industries.
Some of these folks really amaze me. Some of them give absolutely no cash to any other charity, and what it amounts to is every spring they clean out their closets and spiffy clothes for the guy and elegant clothes for his trophy wife end up at the Goodwill store.
They have evidence of the gift, aplenty. Tickets with no value on them, of course. And the donors don't have a clue either. But they expect the preparers to put a value on it even though we don't have a clue what they gave, but we are told there are "several bags."
In the Tax Book, there is a long list of items under Schedule A tab. Once I shove this under their eyes, they back off, quit, and leave me alone. Also the $600 deduction for this year has to be cash only. Won't matter - we'll still get the Goodwill tickets anyway.
This is in no way to create criticism on the practices or benevolence associated with Goodwill Industries.
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