Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Wednesday, March 26, 2008

Like it or not, now is the time.

It’s inevitable, tax time is here and with about 3 weeks left to file your 2007 taxes now is the time to pull your paperwork together and make sure you have everything you need.

In Michigan, the state encourages you to support Detroit Public Television by allowing you to claim up to half of your donations made to the station on your taxes! There are, obviously, some limitations and they also require that you deduct the value of any “gifts” received in exchange for your support. They also require that you have a receipt for your donations in order to claim your tax break.

DPTV sends an “acknowledgement” letter which includes your membership card and your tax receipt at the end of each month for donations made that month. This “green” letter usually arrives around the 15th of the month following your donation. You will receive a separate acknowledgement for each donation made so you’ll get one that shows your donation for your Wayne Dyer Whole Enchilada


and a separate one for your David Broza tickets.



You should file each one with your tax paperwork so you have it available at tax time.

I know, in a “perfect world” the above statements are true but we live in the real world and it doesn’t always work that way. What happens if you can’t find your acknowledgement? How can you claim your donations if your “letter” was misplaced?

Member Services is ready to help! We have record of your donations made in 2007 available so we can review them with you to make sure you have everything you need. We can also provide a duplicate tax receipt for any missing acknowledgements so your records can be complete. Don’t wait to check your records though! We are able to email your receipt to you so you can print it out, but if you need it sent through the regular postal system, it could take up to a week to reach you!

Not sure if you have all your receipts? Give us a call at Member Services at (248) 305-3900 Monday – Friday between 9 AM and 5 PM and we’ll be glad to review with you to make sure you have everything you need.

Pam Reynolds
Member Services