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From BABC Member - PKF Texas

Charitable giving can be a powerful tax-saving strategy: Donations to qualified charities are generally fully deductible, and you have complete control over when and how much you give. Here are some important considerations to keep in mind this year to ensure you receive the tax benefits you desire.

Delivery date

To be deductible on your 2017 return, a charitable donation must be made by Dec. 31, 2017. According to the IRS, a donation generally is “made” at the time of its “unconditional delivery.” But what does this mean? Is it the date you, for example, write a check or make an online gift via your credit card? Or is it the date the charity actually receives the funds — or perhaps the date of the charity’s acknowledgment of your gift?

The delivery date depends in part on what you donate and how you donate it. Here are a few examples for common donations:  READ MORE


Note from the BABC Editor: BABC Houston is a 501 (c) 6 and therefore not eligible to receive charitable donations. Your membership dues and event fees may be eligible for a business deduction.

Several BABC Members are 501 (c) 3 organizations who I'm sure would appreciate any year end giving.

The Aerospace Corporation

British American Foundation of Texas

The Gilbert & Sullivan Society of Texas

Houston Athletic Rugby Club

Houston Youth Rugby Association

The Saltire Foundation

West Houston Rugby Club