IRS clamps down on trash charity donations in NJ and U.S.

Posted: Updated:

(08/29/06) NEWARK ? A new law is now in effect that will prevent New Jersey residents from trying to turn trash into cash at tax time.

Under the new law, the IRS will decide what type of donated goods can be written off as a tax deduction. Supporters say this will prevent write-offs for completely unusable items donated to charity. Representatives of the Goodwill in Newark say they see people drop off bad items, such as smelly clothes, on a daily basis. Although they appreciate people trying to help, they say some of the items just end up going in the dumpster.

Goodwill officials aren?t sure what type of impact the new law will have. However, they hope it encourages people to chip in and help out.

 

sorry to interrupt
your first 20 are free
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please enjoy 20 complimentary views of articles, photos, and videos during the next 30 days.
you have reached your 20 view limit
Access to News 12 is free for Optimum, Comcast®, Spectrum Networks® and Service ElectricSM customers.
Please login or create an account to continue enjoying News12.
Our sign-up page is undergoing maintenance and is not currently available. However, you will be given direct access to news12.com while we complete our upgrade.
When we are back up and running you will be prompted at that time to complete your sign in. Until then, enjoy the local news, weather, traffic and more that's "as local as local news gets."