Monday, July 2, 2012

Tax Deduction Tips & Advice : How to Value Donated Clothing for Taxes

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Typically, the value of the clothing in a closet is not anywhere near what was actually paid for it, so it is important to get a donor's estimate of value, and put that on the receipt for taxes. Understand all the important details of what can and can not be claimed as deductions on a tax return with respect to clothing values with tips from an experienced tax professional in this free video on tax deductions. Expert: Kristen Brand Contact: www.accell-us.com Bio: Kristen Brand has over eight years of accounting experience. She is a CPA in Florida and is a practitioner in Florida's Certified Audit Program for sales and use tax. Filmmaker: Christopher Rokosz
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