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October 23, 2007
IRS and Cash Donations
The end of the calendar year is quickly approaching. It's a good reminder that the guidlines have changed when it comes to cash donations to churches. Gone are the days when you could just drop cash into an offering plate and expect to be able to deduct it on your tax return as a charitable donation. Every penny must be accounted for and documented from the organization who receives the funds.
Read more about this here.
Posted by bstroup at October 23, 2007 1:36 AM
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