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Subject Author Date
Toy Donations Harlan Lunsford 12-18-2007
`--> Re: Toy Donations Harlan Lunsford12-19-2007
Posted by Harlan Lunsford on December 18, 2007, 3:47 pm
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 Just saw a story on FNN about charities tossing away perfectly good toys
donated for Christmas time. Of course the donors get the tax deduction
because the toys are in "good" condition as IRS now mandates.

Trouble is, these are new toys made in China and contain lead based paints.

Next thing you know the tax law will be changed to add to the "good"
condition requirement that all items be environmentally safe.

Christmas ChEAr$,
Harlan Lunsford, EA n LA


Posted by D. Stussy on December 18, 2007, 10:36 pm
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> Just saw a story on FNN about charities tossing away perfectly good toys
> donated for Christmas time. Of course the donors get the tax deduction
> because the toys are in "good" condition as IRS now mandates.
>
> Trouble is, these are new toys made in China and contain lead based
paints.
>
> Next thing you know the tax law will be changed to add to the "good"
> condition requirement that all items be environmentally safe.

That's interesting: A deduction for the donation of HAZARDOUS MATERIALS!
Technically, isn't that also tax fraud?



Posted by Bill on December 19, 2007, 10:00 am
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spam@bde-arc.ampr.org (D. Stussy) posted:

>"Harlan Lunsford"
>message
>>south.net...

>>Just saw a story on FNN about charities
>>tossing away perfectly good toys donated for
>>Christmas time. Of course the donors get the
>>tax deduction because the toys are in "good"
>>condition as IRS now mandates.
>>Trouble is, these are new toys made in China
>>and contain lead based paints.
>>Next thing you know the tax law will be
>>changed to add to the "good" condition
>>requirement that all items be environmentally
>>safe.

>That's interesting: A deduction for the
>donation of HAZARDOUS MATERIALS!
>Technically, isn't that also tax fraud?

Since all major chains are offering refunds for "recalled toys,"
wouldn't it be sensible for charities to "cash in" any recalled items?

Can't be bothered? That's what volunteers are for, isn't it?

Bill



Posted by Jonathan Kamens on December 19, 2007, 10:23 am
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an_ordinary_guy_158@hotmail.com (Bill) writes:
>Since all major chains are offering refunds for "recalled toys,"
>wouldn't it be sensible for charities to "cash in" any recalled items?
>
>Can't be bothered? That's what volunteers are for, isn't it?

Typically, chains don't give cash refunds without a receipt,
and typically, people who donate toys to charities don't
include the store receipt with the donation.

--
Help stop the genocide in Darfur!
http://www.genocideintervention.net/


Posted by Harlan Lunsford on December 19, 2007, 1:53 pm
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D. Stussy wrote:
>> Just saw a story on FNN about charities tossing away perfectly good toys
>> donated for Christmas time. Of course the donors get the tax deduction
>> because the toys are in "good" condition as IRS now mandates.
>>
>> Trouble is, these are new toys made in China and contain lead based
> paints.
>> Next thing you know the tax law will be changed to add to the "good"
>> condition requirement that all items be environmentally safe.
>
> That's interesting: A deduction for the donation of HAZARDOUS MATERIALS!
> Technically, isn't that also tax fraud?
>
How could that be considered tax fraud? Where is it written in the IRC?
(It's the thought that counts! grin)

Christmas ChEAr$,
Harlan Lunsford, EA n LA


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