Award Winning Business Bookkeeping & Tax Service in HOBOKEN NJ

On average, the majority of charitable organizations will qualify for a tax-deductible donation, but not all of them do. The most straightforward way of determining whether a particular charity will qualify is to run a search on the IRS website or find out if it has a 501(c)(3) designation. Generally, those that qualify are; religious organizations, government agencies, medical research organizations, tax-exempt hospitals, and organizations supported by the public. Looking up whether your donation is tax-deductible, or seeking assistance from an experienced accountant is certainly makes the process easier. Ultimately, knowing the types of organizations that qualify for donation deductions is key to completing your tax forms as accurately as possible.
All in all, because determining which donations are tax-deductible can be confusing, there is no harm, in fact, it is likely in your best interest, to seek guidance from a tax accountant. Working with an accounting firm ensures your charitable donations are expertly applied.
It’s critical to realize that the in’s and out’s of NYC tax preparation and accounting can be complex. Take advantage of our Maximum Refund Guarantee and call us today: (201) 620-6797