Yikes! It's Almost Tax Season

2014 is rapidly approaching and if you are like my husband and I, we are searching through the house to find things to donate.  It is the annual end of the year tax deduction scramble to figure out what we can get rid of.

If you live in the Midland, MI area there are some great organizations accepting donations and several of them even offer pick up service. Donation Quick Info Sheet

And if you are like us, we have old, out of date lap tops laying around that you aren't quite sure what to do with.  Well Goodwill now offers recycling service for your computers.  They have partnered with Dell in a program called Reconnect to refurbish computers.  What a better way to get rid of old computers collecting dust AND get a tax deduction out of it!!  Sounds like a win-win situation. Just be sure to wipe the hard drive for security measures.

When donating be sure to keep an itemized list of things being donated.  I ALWAYS forget to write things down.  Usually two weeks after I turn the list into the accountant, I remember a big ticket item we donated.  I always walk away going "oh man, I forgot to list the VCR on the list."  Not sure VCRs are considered "big ticket" items any more, but they have to be worth something.  To prevent forgetting, I made myself a handy dandy sheet to record my donations as I am putting them in the bag. Get your copy of the itemized donation worksheet here.

The Salvation Army offers a very nice donation value guide because I am never sure of the value.  This gives a standard guideline of values, which is super handy and takes the pressure of figuring out how much a shirt you no longer wear is worth.

Keep organized with the itemized donation worksheet

When cleaning the closet for clothes that I can donate, I keep the list and make categories like Men's Dress Shirt, Women's Dress Pants, Women's T-Shirt, Women's Shoes, etc.  Then as I load the items into the bag I put a hash mark in the quantity column, look at the donation value guide, and calculate out my total value.  Once I get everything loaded into the car and drop it off at the donation center, I take my itemized list with me.  Usually when dropping the items off the person at the donation center will ask for a value.  I show them the list, and they will give me a receipt.  I then staple the receipt to my itemized donation worksheet so I don't lose it.  Armed with my itemized list and receipt I am ready for the accountant, or Turbo Tax if you are a do-it-yourself type person (I'm not brave enough for do-it-yourself taxes).

Now, if you don't have anything to donate or aren't keen on giving away clothes you can also donate to the food pantry.  I think this is a good time of the year to go through my cabinets and figure out what I'm not going to use.  We have a lot of holiday gatherings at our house and things are always left here.  We have a tendency to over buy because "too much is better than running out".  Which means we buy enough ingredients for a double batch but only make one batch. Then I am left with ingredients to make desserts such as orange fluff.  Super good, but after the holidays I am not motivated to make any sweets from the overload of holiday goodies.  I like to gather all these extra tempting ingredient boxes and donate them to the local food pantry.

So, good luck in the end of the year donation scramble and maybe I will see you at the donation center.