Tax Donation Filing Forms

Up to 15% of total revenue can be matched per year through donations and be completely written off your taxes. So if your company earns $3 million dollars a year in revenue, you can save up to $450,000 each year through donations. Taking advantage of such programs allows companies to reduce payments in taxes. Small businesses now have more money in their pockets to pay employees more or add additional features. Cutting waste cuts company costs.

FoodFull’s affiliated orgranizations are all qualified to accept charitable contributions meaning you are able to maximize your noncash charitable deductions.

Donating food is considered a noncash charitable contribution. Over the course of the fiscal year, individuals, partnerships, and corporations file Form 8283 to report information about noncash charitable contributions when the amount of their deduction for all noncash gifts is more than $500. For all the information regarding noncash charitable contributions start with the links below and their affiliated links.

 

 

View information regarding noncash charitable contributions instructions (pdf printable)

For the form to file noncash charitable contributions IRS Form 8283 (pdf printable)

For Business Tax Filing Assistance, reach out to the IRS 1(800)829-4933.

*Always refer back to the IRS website as the ultimate authority on donations and parameters for donating. FoodFull cannot file your taxes for you and you are responsible for assessing the value of your food and itemizing your deductions. Without the forms filled out, you cannot be accredited with contributions for your business.