Monday, December 04, 2006

New Guidelines for Payroll Deduction Contributions to Charities

New Guidelines for Payroll Deduction Contributions to Charities: "IR-2006-186, December 1, 2006

WASHINGTON — The Internal Revenue Service announced today new guidelines for taxpayers to follow to substantiate donations to charities that were made by payroll deductions.

'This makes it easier for businesses and individuals to support worthwhile charities without fear of losing the deduction,' said IRS Commissioner Mark W. Everson."

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