Tax Software Featured on “Good Morning America” Could Make Critical Difference
Last-minute tax deductions made easy with charitable donation software
San Luis Obispo, CA (PRWEB) March 14, 2010 — recently featured on ABC’s good Morning America show, and in the Wall Street Journal Sunday, CharityDeductions.com offers a fast, efficient way to make the most of charitable donations and reduce tax bills. with the April 15th tax deadline fast approaching, finding those last-minute deductions can make a critical difference. many taxpayers are able to reduce their tax bills by more than $200 by taking the time to list their item donations.
CharityDeductions.com is the first web-based valuation software for charitable donations. it provides thousands of fair market values, as well as tracking and organizing charitable money and mileage contributions. CharityDeductions.com uses eBay online’s completed auction data to help estimate the value of items donated to charity. Tax preparers can select a value based on the condition of the donated items.
“By entering items you donate using our fair market values, you can increase your charitable deduction and lower your tax bill,” explains David Anderson, co-founder of CharityDeductions.com. “A great example is baby and children’s clothing—many items are in excellent or like-new condition and worth a lot more using online auction prices compared to the garage sale values you might use.”
CharityDeductions.com provides tax professionals with a neat, detailed summary report that makes it simple to complete the charitable donations section on tax returns. Reports to satisfy IRS record regulations and documentation to use in case of an audit are also available. Compared with a bundle of donations receipts, this saves both time and money.
“If you use a tax professional, our software gives you more options than you’d get using TurboTax or H&R Block products,” said Anderson. “And our software is available using the online tax program CompleteTax.”
CharityDeductions.com, LLC is located in San Luis Obispo, CA. For more information please call (805) 512-9990.
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Tax Software Featured on “Good Morning America” Could Make Critical Difference
