![]() These organizations sell the gowns and use the proceeds to fund charitable causes. Organizations such as Brides for a Cause and Brides Against Breast Cancer accept donations of used wedding gowns as well as accessories, including veils, tiaras, slips and headpieces. Unless you want to hold on to it so you can pass it down to your daughter one day, it may be worthwhile to consider donating it. ![]() While it can be tempting to spend thousands on a gown, it could be a waste if it’ll eventually end up in the back of your closet collecting dust. If you just show up with a carload of food, your donation may be turned away so you want to get approval prior to the big day.įor the bride-to-be, choosing the perfect dress is one of the most important aspects of planning a wedding. If you’re planning to donate any extra food items from the wedding to charity, make sure you coordinate with your caterer and the receiving organization beforehand. Donating those extra hors d’oeuvres or a few trays of chicken wings to a local soup kitchen or homeless shelter cuts down on waste and allows you to help those in need while taking advantage of a tax break. While it’s always better to have more than you need rather than come up short, you could literally be throwing money in the trash if you end up dumping the leftovers. ![]() One of the biggest expenses associated with planning a wedding is the food. Not only will someone else get to enjoy their beauty before they begin to wilt, you’ll be able to claim the contribution on your taxes. Those bouquets of roses or hydrangeas can also be donated to a local charity, such as a women’s shelter or another non-profit. Just make sure you get a receipt, especially if you’re dropping off several hundred dollars’ worth of wedding gear. Under the IRS guidelines, you can write it off as a donation up to the fair market value of the items. Things like centerpieces, candles, flowers and, yes, mason jars can put the finishing touches on your dream wedding but what do you do with them once the reception’s over? If you don’t have room in your closet for 500 tea lights or dozens of glass vases consider donating them to your local Goodwill or Salvation Army. Just keep in mind that any fees or tips you pay to individuals, such as the officiant, don’t qualify for a tax deduction. Any fees you pay may be categorized as a deductible charitable donation but the site must meet the IRS tax-exempt guidelines. You may also be able to write off the fees if you hold the ceremony at a non-profit venue, such as a museum, state or national park or another historical site. As long as the place of worship you choose meets the criteria for a tax-exempt organization, the donation should be deductible. ![]() If not, you could still score a tax break by making a larger donation in exchange for a waiver of the fee. This fee may be deductible if it’s considered a charitable donation. For example, if you’re getting married at your church, you may be asked to pay a ceremony fee. Unless you’re planning a backyard wedding, you’ll likely have to pay a fee to secure the church or other venue for the big day. If you’re walking down the aisle this spring or summer, below you’ll find a few things you may be able to write off on your taxes. Fortunately, Uncle Sam makes getting hitched more affordable by allowing couples to claim deductions for certain expenses.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |