Maximize Corporate Tax Deductions with Charitable Donations

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Maximize Corporate Tax Deductions with Charitable
Donations
1888 Press Release - Lower your tax burden with a
deduction to Disabled Veterans Charities. REDLAND
S, Calif. - As corporations prepare for this
years tax filings, theres no better time to
make strategic plans about how to maximize
corporate deducations for 2020. And a great way
to lower your tax burden is through charitable
giving. To encourage charitable giving, the
Internal Revenue Service allows corporations to
deduct the amount of both cash and noncash
(in-kind) donations to charities thus, lowering
their own taxable income as long as The
nonprofit has tax-exempt status (ask for a copy
of their 501(c)(3) documentation if unsure)
Donations reported on a single return stay
limited to 10 percent of the corporations
taxable income (excess donations can be deducted
on future tax returns for up to five years) The
corporation retains documentation of cash
donations, including written acknowledgement for
any gift over 250 As part of your tax planning
for the year, consider maximizing your deduction
with a donation to Disabled Veterans Charities.
Disabled Veterans Charities is a tax-exempt
501(c)(3) organization per IRS classifications
whose mission is to fund local Southern
California programs that provide services and
support to at-risk veterans and their families,
with an emphasis on eliminating homelessness. By
making a corporate donation, your dollars will
aid area programs that provide much-needed
assistance to at-risk veterans, such as
transitional and permanent housing, mental health
counseling for PTSD, depression, and anxiety,
employment and career support, and help for
survivors. Corporate donations are a win-win by
extending our impact and a companys tax
write-off, said Disabled Veterans Charities
General Manager Jo Anne Rodriguez. We are
grateful for the continued support of
corporations that donate to Disabled Veterans
Charities year after year and hope more
corporations throughout the U.S. will take
advantage of available tax breaks in exchange for
helping at-risk veterans and their families in
Southern California.
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To learn more about Disabled Veterans Charities,
visit dvcstores.com, call 800.435.7328 or email
dvc.california ( _at_ ) verizon dot net dot To make
a donation, you can give directly on the
organizations website through the PayPal link
dot About Disabled Veterans Charities Established
in 1968, Disabled Veterans Charities (DVC) has a
long history of supporting Southern California
veterans from all branches of the armed forces
and their families by funding local nonprofit
programs. Through grants to deserving area
programs, DVC helps at-risk veterans and their
dependents access the services, resources and
support they need to face the challenges of
homelessness and improve their lives. http//dvcs
tores.com