Expert gives tax advice on donations, volunteering

While taxes are probably the last thing on people's minds during the holiday season, one expert says it's important to start thinking ahead.



Accountant Richard Rodriguez, of Burns Rodriguez and Associates, says no matter what kind of charity work people are doing, they can probably write it off on their taxes.



He says that the key is being organized and saving receipts throughout the year.



If donating clothing, it's important to itemize and add up how much it is worth. When volunteering, note if and how much money is spent. Rodriguez says people can even get partially reimbursed for gas money on the way to volunteering.



He says whatever people plan on donating, do it before the end of this month to ensure getting some money back during this tax season instead of next.



 


sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."