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The deadline for tax-deductible donations for the 2023 tax period is Dec. 31, 2023.
The particular tax consequences of a donor's charitable contribution depends on the type of contribution that he makes. A taxpayer may contribute services, cash, or property to a charity. There are a number of traps, especially that donations of short-term capital gains are generally not tax deductible.
Oklahoma's food banks needed more relief. This corporation stepped in. It announced its donation contributions during Hunger Action Month.
Although not occurring until next year, Jan. 15, 2025, is an important date for 2024 tax filers. This is the date that your final quarterly estimated tax payment is due for the 2024 tax year if ...
Feeding America is a United States–based non-profit organization that is a nationwide network of more than 200 food banks that feed more than 46 million people through food pantries, soup kitchens, shelters, and other community-based agencies. [3] Forbes ranks it as the largest U.S. charity by revenue. [4]
After receiving input from food banks and pantries, the NALC decided that the best time of year for this food drive to take place would be in the late spring. Most food banks start running out of food this time of year because the largest donations are made around Thanksgiving and Christmas. [3] A revamped food drive was organized for May 15, 1993.
You can either donate equipment or make a financial donation. Operation Backpack : This is a Volunteers of America program that provides backpacks filled with school supplies to students in need.
USDA commodity cheeses. On August 23, 2016, the US Department of Agriculture stated that it planned to purchase approximately eleven million pounds (5,000 t) of cheese, [6] worth $20 million, [7] to give aid to food banks and food pantries from across the United States, [6] to reduce a $1.2 billion [7] cheese surplus that had been at its highest level in thirty years, and to stabilize farm ...