We've all seen the devastation Hurricane Harvey caused in Texas and Louisiana (and more chaos coming to FL thanks to Hurricane Irma). Many wonderful people are donating money to charities to help the Hurricane victims, but not every charity is supporting the victims.There's fraudulent people/organizations out there ready to take advantage of your kindness & your wallet!
So how can you tell the good charities from the bad?
Well, the IRS has an article on their website to help! The IRS lists several tips to help you avoid the scammers:
- Be sure to donate to recognized charities.
- Be wary of charities with names that are similar to familiar or nationally known organizations. Some phony charities use names or websites that sound or look like those of respected, legitimate organizations. The IRS website at IRS.gov has a search feature, Exempt Organizations Select Check, through which people may find qualified charities; donations to these charities may be tax-deductible.
- Don’t give out personal financial information — such as Social Security numbers or credit card and bank account numbers and passwords — to anyone who solicits a contribution. Scam artists may use this information to steal a donor’s identity and money.
- Never give or send cash. For security and tax record purposes, contribute by check or credit card or another way that provides documentation of the donation.
- Consult IRS Publication 526, Charitable Contributions, available on IRS.gov. This free booklet describes the tax rules that apply to making legitimate tax-deductible donations. Among other things, it also provides complete details on what records to keep.
Check it out the full article here: https://www.irs.gov/newsroom/beware-of-fake-charit...
Don't get taken!