Help Your Donors Stick the Landing on Year-End Charitable Deductions

December 13, 2021

By: Thomas W. Simcoe and Delaney M. R. Knapp

December brings not only twinkling lights and tidings of good cheer, but also a swiftly closing window for your donors to complete tax deductible gifts in 2021. So, with the winter holiday season already in full swing, Bond Exempt Organizations attorneys Thomas W. Simcoe and Delaney M. R. Knapp recorded a video with some helpful advice on how to make sure your donors properly complete those end-of-year charitable donations.

To figure out if a gift can be deducted against 2021 taxable income, you need to consider the donation’s date of delivery. Not as simple as it sounds when you realize “delivery” means something different for various types of gifts. So, Tom and Delaney compiled a list of common gifts (i.e., donations made by credit card, text message, checks, phone apps, among others) and how to determine their date of delivery under IRS rules. (You can also find all of this and more in Your Year-End Charitable Deduction Cheat Sheet.)

Watch now to learn how you might make the season – and your donors’ 2021 bottom line – bright.