Download a check list of things needed for a tax preparation interview. Please also remember to bring with you a copy of your last year's tax return.
Interfaith Community Services Food Drive Donation
Last year we did an amazing accomplishment. We collected hundreds of pounds of food and $250 for Interfaith Community Services. That's right, HUNDREDS of pounds of food. I have the best tax clients on the planet. Thank you so much!
Bring in at least 10 items of non-perishable and non-expired food items, and get $25 off your tax preparation fees. Of course, any extra food items you bring will only increase our donation that much more.
Donation Value Guide for 2018
Deducting charitable gifts is one of the more complex labyrinths of tax law. We've put together these general guidelines to help you along.
Household Appliances
Microwaves: $10 - $50
Washing Machines: $50 - $150
Dryers: $45 - $90
Electric Stoves: $75 - $150
Gas Stoves: $50 - $125
Clothes
Children's jeans: $3.50
Children's skirts: $1.50
Women's skirts: $3
Children's slacks: $2
Women's slacks: $3.50
Men's slacks: $5
Children's dresses: $3.50
Women's dresses: $4
Children's sweaters: $2.50
Women's sweaters: $3.75
Men's sweaters: $2.50
Children's boots: $3
Women's boots: $2
Furniture and Household Items
Bed/Twin: $35 - $100
Bed/Full or Larger: $50 - $170
Bedspread: $3 - $24
Coffee Table: $15 - $65
Desk: $25 - $140
Dishware: $0.50 - $3
Dresser: $20 - $100
End Table: $10 - $50
Lamps: $5 - $75
Mattress/Twin: $15 to $35
Mattress/Double: $12.50 to $75
Sheets: $2 - $8
Sofa: $35 - $200
Throw Rugs: $1.50 - $12
Towels: $0.50 - $4
Upholstered Chair: $25 - $100
Electronics
Monitor: $5 - $50
Printer: $5 - $150
Computer System: $100 - $400
DVD Player: $8 - $15
Big-Ticket Items
The IRS suggests that artwork valued at over $5,000 should be appraised and if it's worth $20,000 or more, you must have the item appraised. Attach a copy of the appraisal to your tax return.
You can request a Statement of Value from the IRS if you're donating anything that's extremely valuable-worth $50,000 or more - but it will cost you $2,500 for up to three items and $250 each for every item over three.
You'll also have to submit Form 8283 and complete Section B for these items. Technically, Form 8283 must be submitted for all donations valued at over $500 but really pricey gifts over $5,000 require that you fill out Section B as well.