December 20, 2014

Wrapping up our three-part blog series 6 IRS Tax Tips for Year-End Charity Donations, below are some final important IRS tax tips to keep in mind if you want to take advantage of charitable deductions for your 2014 taxes.

More Important IRS Tax Tips for Your Donations

Tip 5 – Know the special rules for certain donations.

Denver Tax Attorney   6 IRS Tax Tips for Year End Charity Donations (Pt. 3)

While these IRS tax tips can help you maximize the benefits of donating to charity this year, contact Goldman Law when you need help with any tax issues.

If your charitable donations for 2014 have included larger, “special” items (like, for instance, a car, a boat, a plane, etc.), then some special rules will apply for these types of donations. In particular, in these cases, a Form 1098-C (or a similar statement) must be given to you by the organization to which you’ve made the donation, and this form must be included as part of your filed tax returns for 2014.

Here, it’s critical to point out that there may be some other special rules that apply to charitable donations and that you are encouraged to consult the IRS or an attorney if you have questions about how these special rules may apply to your donations and tax situation.

Tip 6 – Contact an attorney if you have questions about your donations.

Although this tip is not specifically noted by the IRS, it is still, nonetheless, one of the most important IRS tax tips to remember if you are unsure about your donations, deductions or any aspect of your tax situation.

The bottom line is that, when it comes to your taxes:

  • The old adage – An ounce of prevention is worth a pound of cure – certainly rings true.
  • Working with an attorney now to resolve any possible tax issues that you may have can save you a lot of money and stress. So, don’t put off these issues, as dealing with them later can have far greater costs and consequences.

Denver Tax Law Attorney at Goldman Law, LLC

If you are dealing with any tax issue, don’t try to resolve this issue on your own. Instead, contact a trusted Denver tax law attorney at Goldman Law, LLC. Our lawyers are ready to stand up for your rights and help you resolve your tax issues as favorably as possible.

At Goldman Law, LLC, we know how distressing audits and other tax issues can be, and we also know how to stand up to the IRS and effectively protect our clients to ensure they are able to obtain the best possible outcomes to their cases. In addition to providing aggressive, superior representation when it comes to facing the IRS officials, our Denver tax audit lawyer also can be counted on to:

  • Provide each of our clients with personalized attention
  • Clearly explain the issues and laws affecting their cases
  • Answer all of their questions
  • Advise them of their best options for resolving their case.

At Goldman Law, LLC, we have the experience, resources and dedication necessary to help you resolve your tax issues as beneficially and efficiently as possible.

Contact Us

To receive a professional case evaluation, contact us by calling (303) 656-9529 or by emailing us using the contact form on this page. From our offices in Denver, we serve clients throughout Colorado.

Categories: Blog, IRS, Tax Tips