Cell Phone Donation Information Yuma AZ
Yuma , AZ
Family Wealth Advisors
Education: BA, MA(abt)
Years of Experience: 30
IARFC, MDRT, FPA, SFSP, NAIFA, GAMA, NICEP
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, Retirement Planning, Medicaid Planning, Tax Planning, Seminars Work, Employee Benefits, Mutual Funds, Mortgage Loans, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Auto Home Insurance, Charitable Planning, Education Plan, LiabCover, Compensation Plans
Company: LPL Financial
Pension for Highly Compensated Owners,Stock Market Alternative,Wealth Management,Life Insurance,Investment Consulting & Allocation Design,Insurance & Risk Management Planning,Asset Protection Strategies & Planning,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Health Care Insurance,Retirement Planning,Annuity Ideas & Strategy Planning,Retirement Income Accumulation Planning,401k Rollover From Employer,Income for Life/ Preserve Principal,Disability Insurance,Annuities,Commission-Only Financia
Design Capital Planning Group, Inc.
Invoice, Estate Planning, Business Planning, Portfolio Management, Retirement Planning, Tax Planning, Tax Returns, Seminars Work, Mortgage Loans, Collectable Coins , Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Compensation Plans
Sun City, AZ
Smart Financial Strategies, Inc.
Years of Experience: 22
IARFC, SCSA, NAIFA
Invoice, Estate Planning, Trustee Service, Retirement Planning, Medicaid Planning, Tax Planning, Seminars Work, CD Banking, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Charitable Planning, Charitable Foundations, Asset Protection, Compensation Plans
Title: CPA, PFS
Company: Clarity Wealth Management
Investment Advisor Rep: Yes
Arizona State University
Years Experience: 10
Life Insurance,Investment & Portfolio Management,Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Planning For Personal Finances & Budgeting,Retirement Income Accumulation Planning,Business Income Tax Planning,Fee-Only Comprehensive Financial Planning,Health Care Insurance,Retirement Planning,Real Estate Investment Planning,Commission-Only Financial Planning (Full Disclosure),Insurance & Risk Management Planning,Retirement Income Distribution Planning,Education Funding & Financia
Cell Phone Donation Information
Whether you've picked up something new or just have an old cell phone, do you know you can donate it? Here's a primer on getting a tax deduction when you donate a phone.
There are currently well over 100 million cell phones in the United States. Millions of them are sitting in desks and closets, having been replaced by newer versions. Cell phones contain materials that are very toxic when they degrade, which is leading to an environmental problem. Many people know this, but aren't sure what to do with old cell phones. Well, you can donate a phone.
If you want a tax deduction when you donate a phone, you must donate it to a charitable organization. Legitimate charities are designated as 501(c)(3) organizations with the IRS, and will say as much in their paperwork. Most charities will accept just about anything if it can be converted into cash. You phone counts as such a thing.
When you donate a phone to a qualified charity, you can take a deduction. Generally, the deduction is the amount you paid for the phone reduced by 20 percent for each year of use. This is a general rule of thumb, so check with your tax professional to see if the IRS has issued any new guidelines. As always, make sure you get a receipt for the donation.
Before you charge ahead with your donation, make absolutely sure you've erased your data from the phone. Most manufacturers provide information on how to do this for particular models. Don't worry, it isn't difficult.
When you do...